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Home » United States » What salary do you need to live in Burlington VT?

What salary do you need to live in Burlington VT?

December 14, 2021 by Bo Lang

Typical Expenses

1 ADULT 2 ADULTS (1 WORKING)
0 Children 3 Children
Required annual income after taxes $27,922 $64,486
Annual taxes $5,923 $16,884
Required annual income before taxes $33,845 $81,371

Contents

How much do you need to live in Burlington Vermont?

Burlington cost of living is 111.5

COST OF LIVING Burlington Vermont
Housing 135.3 88.5
Median Home Cost $386,900 $294,100
Utilities 112.4 117.4
Transportation 79.2 77.9

What is a livable wage in Vermont?

The 2020 Vermont Livable Wage is $13.39 per hour. 1 The Livable Wage is different from the wage for a single person because it accounts for the economies achieved by multiple-person households. This figure does not, however, include all potential household expenses because it is for families without children.

How much do you need to make to live comfortably in Vermont?

Statewide, the average annual salary you need to live comfortably for a family of four is $94,045. The median household income for Vermont residents is around $60,000, meaning you may need to budget wisely to cover all your expenses.

What is a good salary for Vermont?

Average Salary in Vermont

Annual Salary Hourly Wage
Top Earners $89,368 $43
75th Percentile $73,481 $35
Average $61,581 $30
25th Percentile $49,152 $24

Is living in Burlington expensive?

Burlington’s housing expenses are 47% higher than the national average and the utility prices are 19% higher than the national average. Transportation expenses like bus fares and gas prices are 12% higher than the national average. Burlington has grocery prices that are 12% higher than the national average.

Is it expensive to live in Burlington?

A single person estimated monthly costs are 992$ (1,269C$) without rent.Burlington is 20.11% less expensive than New York (without rent). Rent in Burlington is, on average, 54.45% lower than in New York.

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Is 50000 a livable wage?

Earning $50,000 a year should be plenty to live on in America. The nation’s median income is just over $60,000, meaning that $50,000 per annum is the sort of salary that should clearly secure the basics, at the least.Take a look and see where you should live in your area to stretch your salary that much further.

What jobs are in demand in Vermont?

The High-Pay, High-Demand Jobs in Vermont

  • Accountants and Auditors. Overview.
  • Architects. Overview.
  • Architectural and Civil Drafters. Overview.
  • Buyers and Purchasing Agents. Overview.
  • Civil Engineering Technicians. Overview.
  • Civil Engineers. Overview.
  • Claims Adjusters and Investigators. Overview.
  • Clinical and School Psychologists.

Will Vermont pay you to move there?

Vermont wants you.In 2018, the Vermont Legislature created the remote worker grant program, which offered reimbursement grants of up to $10,000 for workers who could relocate to the state and bring their current job with them.

What is it like to live in Burlington Vermont?

Living in Burlington offers residents an urban suburban mix feel and most residents rent their homes. In Burlington there are a lot of bars, restaurants, coffee shops, and parks. Many young professionals live in Burlington and residents tend to be liberal. The public schools in Burlington are above average.

How do people get paid to live in Vermont?

On Wednesday, Quartz reports, Vermont Governor Phil Scott signed a bill into law that will pay people $10,000 if they move to Vermont and work remotely for an employer out of state. The Remote Worker Grant Program will take effect on January 1, 2019, and will help cover moving, living and working expenses.

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Is it cheaper to live in NY or VT?

The cost of living in Burlington, VT is -32.3% lower than in New York, NY.Employers in Burlington, VT typically pay -18.1% less than employers in New York, NY.

Is Vermont a good place to live?

A new CNBC report ranks Vermont as the best place to live in America. The business channel used factors like affordable housing, education quality, cost of living, healthcare quality, job opportunities and environment to come up with the state rankings.

What is the median household income in Vermont?

$61,973
Table

Population
Income & Poverty
Median household income (in 2019 dollars), 2015-2019 $61,973
Per capita income in past 12 months (in 2019 dollars), 2015-2019 $34,577
Persons in poverty, percent  10.2%

Is Vermont cheaper than California?

California is 14.3% more expensive than Vermont.

What is Burlington VT known for?

Situated on Lake Champlain, it is the heart of a small urban area that acts as Vermont’s vibrant and cosmopolitan center. Known for its ultra-liberal environment and free-thinking spirit, Burlington is both a college town and an important commercial city, while maintaining an intimate atmosphere.

How much is a gallon of milk in Vermont?

Food prices

Markets Edit
Milk (regular), (1 gallon) 3.83$
Loaf of Fresh White Bread (1 lb) 3.65$
Rice (white), (1 lb) 3.50$
Eggs (regular) (12) 3.80$

How much is hydro monthly Burlington?

Time-of-Use Pricing Nov 1, 2021 to April 30, 2022

Off-Peak Weekdays 7 pm to 7 am, and all-day weekends and statutory holidays 8.2 cents per kWh
Mid-Peak Weekdays 11 am to 5 pm 11.3 cents per kWh
On-Peak Weekdays 7 am to 11 am, and 5 pm to 7 pm 17 cents per kWh
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How much does it cost to live in Hamilton Ontario?

Cost of living in Hamilton at a glance

Expense Estimated total cost per month
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) $69
Phone bill, monthly plan $50
Apartment rent, 1 bedroom downtown $1,000
Total $2,423

Is 70000 a good salary?

According to the Bureau of Labor Statistics, the median salary of all individual workers (male and female of all races) was $881 weekly for the first quarter of 2018.An income of $70,000 surpasses both the median incomes for individuals and for households. By that standard, $70,000 is a good salary.

Filed Under: United States Tagged With: Burlington, Vermont

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About Bo Lang

Bo Lang loves exploring the world. A self-proclaimed "adventurer," Bo has spent his life traveling to new and exciting places. He's climbed mountains, explored jungles, and sailed across the ocean. He's even eaten the beating heart of a king cobra!

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