Cost of Living in Cavendish, VT

With a cost of living index of 98, Cavendish, VT is right around the national average in cost. Living here is 2% cheaper than the national average and 7% above the Vermont state average of 92. Cavendish is a small community of 316 residents.

Housing costs are the biggest factor in Cavendish's cost of living. The median monthly rent is $1,417 (7% above the US median of $1,319), and the median home value sits at $246,200 (19% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Cavendish is $117,500, which is 56% higher than the national median of $75,149. Residents spend roughly 14% 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.