Cost of Living in Glover, VT
Population: 225 | Vermont
Glover is 30% less expensive than the national average.
Cost of Living in Glover, VT: What You Need to Know
With a cost of living index of 70, Glover, VT is one of the most affordable cities in the country. Living here is 30% cheaper than the national average and 22% below the Vermont state average of 92. Glover is a small community of 225 residents.
Housing costs are the biggest factor in Glover's cost of living. The median monthly rent is $836 (37% below the US median of $1,319), and the median home value sits at $116,400 (62% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.
The median household income in Glover is $41,964, which is 44% lower than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $41,964
- vs US Median ($75,149)
- -44%
Housing
- Median Rent
- $836/mo
- Median Home Value
- $116,400
- Median Monthly Housing Cost
- $1,102/mo