Bennington, VT vs Essex Junction, VT
There is a significant gap in the cost of living between these two cities. Bennington is 23.8% cheaper than Essex Junction. With a cost index of 84 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bennington to Essex Junction should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bennington is $1,095/month compared to $1,439/month in Essex Junction — a 24% difference. Home values follow the same pattern: Bennington is more affordable at $185,100 median vs $376,800.
Median household income in Bennington is $53,839 compared to $94,423 in Essex Junction (-43%). While Essex Junction is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bennington spend roughly 24.4% of their income on rent, more than the 18.3% in Essex Junction.
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