Vergennes, VT vs Waterbury, VT

Vergennes, VT and Waterbury, VT have a very similar cost of living, with only a 4.3% difference in their overall index. Vergennes scores 88 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 Vergennes is $1,040/month compared to $984/month in Waterbury — a 6% difference. Interestingly, home values tell a different story: while Waterbury has cheaper rent, Vergennes actually has lower median home values ($263,500 vs $332,900).

Median household income in Vergennes is $85,417 compared to $59,934 in Waterbury (+42.5%). Vergennes offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Vergennes spend roughly 14.6% of their income on rent, less than the 19.7% in Waterbury.