Cost of Living in Townshend, VT

With a cost of living index of 87, Townshend, VT is a very affordable place to live. Living here is 13% cheaper than the national average and 5% below the Vermont state average of 92. Townshend is a small community of 158 residents.

Housing costs are the biggest factor in Townshend's cost of living. The median monthly rent is $1,050 (20% below the US median of $1,319), and the median home value sits at $245,800 (19% below the national median of $304,900). At current prices, the median home costs roughly 6.4x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Townshend is $38,295, which is 49% lower than the national median of $75,149. Residents spend roughly 33% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.