Essex Junction, VT vs Middlebury, VT

Essex Junction, VT and Middlebury, VT have a very similar cost of living, with only a 3.5% difference in their overall index. Essex Junction scores 110 while Middlebury scores 106 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 Essex Junction is $1,439/month compared to $1,287/month in Middlebury — a 12% difference. Interestingly, home values tell a different story: while Middlebury has cheaper rent, Essex Junction actually has lower median home values ($376,800 vs $388,100).

Median household income in Essex Junction is $94,423 compared to $74,900 in Middlebury (+26.1%). 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 Essex Junction spend roughly 18.3% of their income on rent, less than the 20.6% in Middlebury.