Cost of Living in Warren, VT
Housing
The housing market plays a significant role in determining the cost of living in Warren, VT.
- Housing Index: 120.0 / 100
- Median Home Price is: $266,000
- Average Rent (2 BR Apartment): $2400 per month
- Average Rent (2 BR House): $2300 per month
Considering the data for Warren, VT, the housing index stands at 120.0, implying a cost of housing that is above the national average. The median home price of 266000 is relatively modest compared to major urban areas. However, the average rent for a 2-bedroom apartment at 2400 and for a 2-bedroom house at 2300 indicates a competitive rental market. It's crucial to weigh these factors against your budget and lifestyle preferences, especially in terms of long-term investment versus short-term renting.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Warren, VT.
- Electricity Price: $21.91 USD (median by state)
- Natural Gas Price: $18.28 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Warren, VT could entail higher utility costs. Electricity costs sit at $21.91, while natural gas is priced at $18.28 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Warren is a financially viable option for your relocation.