Cost of Living in Manchester Center, VT

With a cost of living index of 89, Manchester Center, VT is a very affordable place to live. Living here is 11% cheaper than the national average and 3% below the Vermont state average of 92. Manchester Center is a small community of 1,935 residents.

Housing costs are the biggest factor in Manchester Center's cost of living. The median monthly rent is $875 (34% below the US median of $1,319), and the median home value sits at $330,300 (8% above the national median of $304,900). At current prices, the median home costs roughly 3.7x the median household income — a moderately affordable ratio by today's standards.

The median household income in Manchester Center is $88,786, which is 18% higher than the national median of $75,149. Residents spend roughly 12% 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.