Cost of Living in West Burke, VT
Population: 165 | Vermont
West Burke is 18% less expensive than the national average.
Cost of Living in West Burke, VT: What You Need to Know
With a cost of living index of 82, West Burke, VT is a very affordable place to live. Living here is 18% cheaper than the national average and 10% below the Vermont state average of 92. West Burke is a small community of 165 residents.
Housing costs are the biggest factor in West Burke's cost of living. The median monthly rent is $933 (29% below the US median of $1,319), and the median home value sits at $220,000 (28% below the national median of $304,900). At current prices, the median home costs roughly 9x the median household income — a challenging ratio that puts homeownership out of reach for many residents.
The median household income in West Burke is $24,444, which is 67% lower than the national median of $75,149. Residents spend roughly 46% of household income on rent. This is well above the 30% affordability threshold, indicating a significant housing cost burden for many residents. 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.
Income
- Median Household Income
- $24,444
- vs US Median ($75,149)
- -67%
Housing
- Median Rent
- $933/mo
- Median Home Value
- $220,000
- Median Monthly Housing Cost
- $883/mo