Wells, VT vs Woodstock, VT

There is a significant gap in the cost of living between these two cities. Wells is 28.5% cheaper than Woodstock. With a cost index of 88 vs 123, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wells to Woodstock should plan for substantially higher expenses across most categories.

On the housing front, median rent in Wells is $1,208/month compared to $1,122/month in Woodstock — a 8% difference. Interestingly, home values tell a different story: while Woodstock has cheaper rent, Wells actually has lower median home values ($198,400 vs $659,300).

Median household income in Wells is $73,750 compared to $103,750 in Woodstock (-28.9%). While Woodstock is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Wells spend roughly 19.7% of their income on rent, more than the 13% in Woodstock.