Cost of Living in Waterbury, VT

With a cost of living index of 92, Waterbury, VT is slightly more affordable than average. Living here is 8% cheaper than the national average and in line with the Vermont state average. Waterbury is a small community of 1,728 residents.

Housing costs are the biggest factor in Waterbury's cost of living. The median monthly rent is $984 (25% below the US median of $1,319), and the median home value sits at $332,900 (9% above the national median of $304,900). At current prices, the median home costs roughly 5.6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Waterbury is $59,934, which is 20% lower than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.