Ludlow, VT vs Waterbury, VT

Ludlow, VT and Waterbury, VT have a very similar cost of living, with only a 3.4% difference in their overall index. Ludlow scores 89 while Waterbury scores 92 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 Ludlow is $1,029/month compared to $984/month in Waterbury — a 5% difference. Interestingly, home values tell a different story: while Waterbury has cheaper rent, Ludlow actually has lower median home values ($278,300 vs $332,900).

Median household income in Ludlow is $53,654 compared to $59,934 in Waterbury (-10.5%). While Waterbury is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ludlow spend roughly 23% of their income on rent, more than the 19.7% in Waterbury.