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Westminster, VT vs Wolcott, VT

86
Westminster
Vermont
VS
+6.5%
81
Wolcott
Vermont

Wolcott is moderately more affordable than Westminster, with a 6.5% lower cost of living index. Westminster scores 86 compared to 81 for Wolcott, where the US average is 100. This difference means residents of Westminster can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Westminster is $915/month compared to $1,091/month in Wolcott — a 16% difference. Interestingly, home values tell a different story: while Westminster has cheaper rent, Wolcott actually has lower median home values ($155,600 vs $285,300).

Median household income in Westminster is $90,938 compared to $39,904 in Wolcott (+127.9%). While Westminster is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Westminster spend roughly 12.1% of their income on rent, less than the 32.8% in Wolcott. The Westminster ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Westminster
86
Wolcott
81
6% cheaper
Median Household Income
Westminster
$90,938
56% higher
Wolcott
$39,904

Housing

Median Rent
Westminster
$915
16% cheaper
Wolcott
$1,091
Median Home Value
Westminster
$285,300
Wolcott
$155,600
45% cheaper
Population
Westminster
622
Wolcott
209

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