Essex Junction, VT Cost Of Living
Cost Of Living In Essex Junction, VT Summary
Cost of living in Essex Junction research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Essex Junction is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Vermont, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Essex Junction is 115, with 100 being the average.
The cost of living index in Essex Junction is 1.1x higher than the national average.
Essex Junction ranks as the #9 cheapest in Vermont out of 13.
Essex Junction ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Essex Junction is $312,500.
The median income in Essex Junction is $79,677.
Table Of Contents
Essex Junction's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Essex Junction, VT?
According to the most recent data on the cost of living, Essex Junction has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Vermont, Essex Junction has a cost of living index that's 1.0x lower than Vermont's index of 115.
The standard of living in Essex Junction ranks as #9 most affordable out of the 13 places we measured in Vermont. By definition, that implies Essex Junction ranks as the #4 most expensive place in the Green Mountain State.
For more reading on life in Essex Junction, check out:
- Living In Essex Junction
- Search Homes For Sale In Essex Junction, VT
In Vermont
In America
Essex Junction Cost Of Living Vs. Vermont
Six factors go into calculating the cost of living index in Essex Junction. Here is how it fairs on each of the criteria:
The Services index in Essex Junction is 99.
The Groceries index in Essex Junction is 117.
The Health index in Essex Junction is 99.
The Housing index in Essex Junction is 138.
The Transportation index in Essex Junction is 114.
The Utilities index in Essex Junction is 117.
| Living Expense | Essex Junction | Vermont | National Average | |
|---|---|---|---|---|
| Overall | 115 | 115 | 100 | |
| Services | 99 | 107 | 100 | |
| Groceries | 117 | 105 | 100 | |
| Health | 99 | 107 | 100 | |
| Housing | 138 | 131 | 100 | |
| Transportation | 114 | 114 | 100 | |
| Utilities | 117 | 121 | 100 | |
Essex Junction, VT Housing Cost Breakdown
Housing swings affordability the most between places in Vermont, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Essex Junction is $312,500.
The Median Rent in Essex Junction is $1,412.
The Median Income in Essex Junction is $79,677.
The Home Value To Income in Essex Junction is 3.9x.
The Rent To Monthly Income in Essex Junction is 0.21x.
| Statistic | Essex Junction | Vermont | United States |
|---|---|---|---|
| Median Home Value | $312,500 | $240,600 | $244,900 |
| Median Rent | $1,412 | $1,070 | $1,163 |
| Median Income | $79,677 | $67,674 | $69,021 |
| Home Value To Income | 3.9x | 3.6x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Essex Junction, VT Costs By Category
Detailed Essex Junction Services Costs Vs. Vermont
| Item | Essex Junction | Vermont |
|---|---|---|
| Shampoo | $1.21 | $1.06 |
| Movie | $9.75 | $10.68 |
| Bowling | $13.5 | $14.67 |
| Haircut | $23.0 | $18.62 |
| Beauty Salon | $49.0 | $39.05 |
Detailed Essex Junction Groceries Costs Vs. Vermont
| Item | Essex Junction | Vermont |
|---|---|---|
| Ground Beef | $3.64 | $4.22 |
| Fried Chicken | $1.37 | $1.39 |
| Milk | $2.68 | $2.05 |
| Potatoes | $4.09 | $3.29 |
| Pizza | $10.99 | $10.62 |
| Beer | $10.16 | $9.38 |
| Toothpaste | $2.89 | $2.34 |
Detailed Essex Junction Health Costs Vs. Vermont
| Item | Essex Junction | Vermont |
|---|---|---|
| Optometrist | $130.0 | $108.57 |
| Doctor | $113.0 | $116.17 |
| Dentist | $94.0 | $99.13 |
Detailed Essex Junction Transportation Costs Vs. Vermont
| Item | Essex Junction | Vermont |
|---|---|---|
| Gasoline | $2.42 | $2.22 |
| Tire Balancing | $63.0 | $50.07 |
Detailed Essex Junction Utilities Costs Vs. Vermont
| Item | Essex Junction | Vermont |
|---|---|---|
| All Electricity | $224.57 | $167.67 |
| Phone | $179.83 | $175.64 |
Essex Junction SnackAbility
/10
Cost Of Living In Cities Around Essex Junction
The cost of living varies in the cities and towns around Essex Junction. Here's a quick look at the cost of living in the most populous nearby places:
Burlington, VT has a cost of living index of 118, 1.0x Essex Junction.
South Burlington, VT has a cost of living index of 120, 1.0x Essex Junction.
Winooski, VT has a cost of living index of 111, 1.0x Essex Junction.
| City | Population | Cost Of Living | Vs. Essex Junction |
|---|---|---|---|
| Burlington, VT | 44,703 | 118 | 1.0x |
| South Burlington, VT | 20,042 | 120 | 1.0x |
| Winooski, VT | 8,015 | 111 | 1.0x |
| Shelburne, VT | 6,335 | 120 | 1.0x |
