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Groton, VT vs Hardwick, VT

59
Groton
Vermont
VS
-20.3%
74
Hardwick
Vermont

There is a significant gap in the cost of living between these two cities. Groton is 20.3% cheaper than Hardwick. With a cost index of 59 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Groton to Hardwick should plan for substantially higher expenses across most categories.

On the housing front, median rent in Groton is $295/month compared to $806/month in Hardwick — a 63% difference. Interestingly, home values tell a different story: while Groton has cheaper rent, Hardwick actually has lower median home values ($175,300 vs $180,900).

Median household income in Groton is $75,583 compared to $41,667 in Hardwick (+81.4%). Groton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Groton spend roughly 4.7% of their income on rent, less than the 23.2% in Hardwick.

Income & Cost

Cost of Living Index
Groton
59
20% cheaper
Hardwick
74
Median Household Income
Groton
$75,583
45% higher
Hardwick
$41,667

Housing

Median Rent
Groton
$295
63% cheaper
Hardwick
$806
Median Home Value
Groton
$180,900
Hardwick
$175,300
3% cheaper
Population
Groton
514
Hardwick
1,047

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