Cost of Living in Shelburne, VT

With a cost of living index of 114, Shelburne, VT is somewhat more expensive than average. Living here is 14% more expensive than the national average and 22% above the Vermont state average of 92. Shelburne is a smaller community of 6,292 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Shelburne's cost of living. The median monthly rent is $1,238 (6% below the US median of $1,319), and the median home value sits at $496,700 (63% above the national median of $304,900). At current prices, the median home costs roughly 4.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Shelburne is $106,187, which is 41% higher than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Burlington-South Burlington, VT (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.