Derby Center, VT vs Waterbury, VT

Derby Center is moderately more affordable than Waterbury, with a 7.8% lower cost of living index. Derby Center scores 85 compared to 92 for Waterbury, where the US average is 100. This difference means residents of Waterbury can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Derby Center is $1,096/month compared to $984/month in Waterbury — a 11% difference. Interestingly, home values tell a different story: while Waterbury has cheaper rent, Derby Center actually has lower median home values ($203,800 vs $332,900).

Median household income in Derby Center is $55,625 compared to $59,934 in Waterbury (-7.2%). The higher salaries in Waterbury partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Derby Center spend roughly 23.6% of their income on rent, more than the 19.7% in Waterbury.