Cost of Living in Hyde Park, VT

With a cost of living index of 99, Hyde Park, VT is right around the national average in cost. Living here is 1% cheaper than the national average and 7% above the Vermont state average of 92. Hyde Park is a small community of 434 residents.

Housing costs are the biggest factor in Hyde Park's cost of living. The median monthly rent is $1,322 (0% below the US median of $1,319), and the median home value sits at $288,900 (5% below the national median of $304,900). At current prices, the median home costs roughly 3.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Hyde Park is $86,467, which is 15% higher than the national median of $75,149. Residents spend roughly 18% 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.