Cost of Living in North Bennington, VT

With a cost of living index of 103, North Bennington, VT is somewhat more expensive than average. Living here is 3% more expensive than the national average and 11% above the Vermont state average of 92. North Bennington is a small community of 1,342 residents.

Housing costs are the biggest factor in North Bennington's cost of living. The median monthly rent is $1,500 (14% above the US median of $1,319), and the median home value sits at $275,000 (10% below the national median of $304,900). At current prices, the median home costs roughly 4.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in North Bennington is $67,500, which is 10% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

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.