Cost of Living in Middlebury, VT

With a cost of living index of 106, Middlebury, VT is somewhat more expensive than average. Living here is 6% more expensive than the national average and 14% above the Vermont state average of 92. Middlebury is a smaller community of 7,145 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Middlebury's cost of living. The median monthly rent is $1,287 (2% below the US median of $1,319), and the median home value sits at $388,100 (27% above the national median of $304,900). At current prices, the median home costs roughly 5.2x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Middlebury is $74,900, which is 0% higher than the national median of $75,149. Residents spend roughly 21% 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.