Cost of Living in Bradford, VT
Population: 1,326 | Vermont
Bradford is 12% less expensive than the national average.
Cost of Living in Bradford, VT: What You Need to Know
With a cost of living index of 88, Bradford, VT is a very affordable place to live. Living here is 12% cheaper than the national average and 4% below the Vermont state average of 92. Bradford is a small community of 1,326 residents.
Housing costs are the biggest factor in Bradford's cost of living. The median monthly rent is $1,072 (19% below the US median of $1,319), and the median home value sits at $246,400 (19% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.
The median household income in Bradford is $96,213, which is 28% higher than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $96,213
- vs US Median ($75,149)
- +28%
Housing
- Median Rent
- $1,072/mo
- Median Home Value
- $246,400
- Median Monthly Housing Cost
- $1,158/mo