Alburgh, VT vs North Bennington, VT
Alburgh, VT and North Bennington, VT have a very similar cost of living, with only a 4.4% difference in their overall index. Alburgh scores 99 while North Bennington scores 103 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Alburgh is $1,620/month compared to $1,500/month in North Bennington — a 8% difference. Interestingly, home values tell a different story: while North Bennington has cheaper rent, Alburgh actually has lower median home values ($175,000 vs $275,000).
Median household income in Alburgh is $62,955 compared to $67,500 in North Bennington (-6.7%). While North Bennington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alburgh spend roughly 30.9% of their income on rent, more than the 26.7% in North Bennington. The North Bennington ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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