Safe Rate Local

Cost of Living in Chittenden County

Is it better to rent or buy in Chittenden County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

← Back to Chittenden County Hub

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$99,022
$1,609/mo

Median in area: $1,609

$457,415

Median in area: $457,415

$91,483

If you Rent

🔑
$1,799 /mo
Base Rent$1,609
Est. Utilities$190
% of Income21.8%
Pre-tax Residual$6,453

If you Buy

🏠
$3,261 /mo
P&I (6.945%)$2,421
Taxes & Ins$650
Est. Utilities$190
% of Income39.5%
Pre-tax Residual$4,991

Compare Nearby Areas

See how Chittenden County stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in Chittenden County?

Based on median housing data, renting is currently more affordable on a monthly basis in Chittenden County. The estimated all-in monthly cost for renting is $1,799, while owning a median-priced home with a 20% down payment is roughly $3,261 per month (a difference of $1,462).

How much do utilities cost in Chittenden County?

The average monthly utility cost (electricity and natural gas) for a typical home in Chittenden County is approximately $190. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Chittenden County?

To comfortably afford the median rent and utilities in Chittenden County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $71,960 per year.