Cost of Living in South Barre, VT
Population: 1,259 | Vermont
South Barre is 5% more expensive than the national average.
Cost of Living in South Barre, VT: What You Need to Know
With a cost of living index of 105, South Barre, VT is somewhat more expensive than average. Living here is 5% more expensive than the national average and 13% above the Vermont state average of 92. South Barre is a small community of 1,259 residents.
Housing costs are the biggest factor in South Barre's cost of living. The median monthly rent is $1,631 (24% above the US median of $1,319), and the median home value sits at $246,900 (19% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.
The median household income in South Barre is $78,162, which is 4% higher than the national median of $75,149. Residents spend roughly 25% 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.
Income
- Median Household Income
- $78,162
- vs US Median ($75,149)
- +4%
Housing
- Median Rent
- $1,631/mo
- Median Home Value
- $246,900
- Median Monthly Housing Cost
- $1,150/mo