Concord, VT vs Wells, VT

Concord is moderately more affordable than Wells, with a 9.6% lower cost of living index. Concord scores 80 compared to 88 for Wells, where the US average is 100. This difference means residents of Wells can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Concord is $1,105/month compared to $1,208/month in Wells — a 9% difference. Home values follow the same pattern: Concord is more affordable at $133,100 median vs $198,400.

Median household income in Concord is $65,417 compared to $73,750 in Wells (-11.3%). While Wells is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Concord spend roughly 20.3% of their income on rent, more than the 19.7% in Wells.