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Cost of Living in Rutland County

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

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Rent vs. Buy Affordability Calculator

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

$70,291
$1,013/mo

Median in area: $1,013

$234,485

Median in area: $234,485

$46,897

If you Rent

🔑
$1,193 /mo
Base Rent$1,013
Est. Utilities$180
% of Income20.4%
Pre-tax Residual$4,665

If you Buy

🏠
$1,863 /mo
P&I (7.122%)$1,263
Taxes & Ins$420
Est. Utilities$180
% of Income31.8%
Pre-tax Residual$3,994

Compare Nearby Areas

See how Rutland County stacks up against neighboring areas.

countyBennington County, VT
$1,131/mo
countyAddison County, VT
$1,183/mo
countyWashington County, NY
$1,049/mo
countyWindsor County, VT
$1,180/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Rutland County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Rutland County. The estimated all-in monthly cost for renting is $1,193, while owning a median-priced home with a 20% down payment is roughly $1,863 per month (a difference of $670).

How much do utilities cost in Rutland County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Rutland County is approximately $180. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Rutland County?›

To comfortably afford the median rent and utilities in Rutland County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $47,720 per year.