Derby Center, VT vs Lincoln, VT
Derby Center, VT and Lincoln, VT have a very similar cost of living, with only a 3% difference in their overall index. Derby Center scores 85 while Lincoln scores 88 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 Derby Center is $1,096/month compared to $845/month in Lincoln — a 30% difference. Interestingly, home values tell a different story: while Lincoln has cheaper rent, Derby Center actually has lower median home values ($203,800 vs $328,800).
Median household income in Derby Center is $55,625 compared to $78,125 in Lincoln (-28.8%). While Lincoln is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Derby Center spend roughly 23.6% of their income on rent, more than the 13% in Lincoln.
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