Island Pond, VT vs Wells River, VT

Island Pond, VT and Wells River, VT have a very similar cost of living, with only a 3.1% difference in their overall index. Island Pond scores 69 while Wells River scores 71 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 Island Pond is $795/month compared to $755/month in Wells River — a 5% difference. Interestingly, home values tell a different story: while Wells River has cheaper rent, Island Pond actually has lower median home values ($118,900 vs $160,800).

Median household income in Island Pond is $47,500 compared to $40,556 in Wells River (+17.1%). Island Pond offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Island Pond spend roughly 20.1% of their income on rent, less than the 22.3% in Wells River.