Cost of living in Shelburne 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 Shelburne 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 Shelburne is 120, with 100 being the average.
The cost of living index in Shelburne is 1.2x higher than the national average.
Shelburne ranks as the #12 cheapest in Vermont out of 13.
Shelburne ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Shelburne is $391,900.
The median income in Shelburne is $96,976.
According to the most recent data on the cost of living, Shelburne has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Vermont, Shelburne has a cost of living index that's 1.0x higher than Vermont's index of 115.
The standard of living in Shelburne ranks as #12 most affordable out of the 13 places we measured in Vermont. By definition, that implies Shelburne ranks as the #1 most expensive place in the Green Mountain State.
For more reading on life in Shelburne, check out:
Six factors go into calculating the cost of living index in Shelburne. Here is how it fairs on each of the criteria:
The Services index in Shelburne is 102.
The Groceries index in Shelburne is 115.
The Health index in Shelburne is 98.
The Housing index in Shelburne is 143.
The Transportation index in Shelburne is 113.
The Utilities index in Shelburne is 121.
Living Expense | Shelburne | Vermont | National Average | |
---|---|---|---|---|
Overall | 120 | 115 | 100 | |
Services | 102 | 107 | 100 | |
Groceries | 115 | 105 | 100 | |
Health | 98 | 107 | 100 | |
Housing | 143 | 131 | 100 | |
Transportation | 113 | 114 | 100 | |
Utilities | 121 | 121 | 100 |
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 Shelburne is $391,900.
The Median Rent in Shelburne is $1,304.
The Median Income in Shelburne is $96,976.
The Home Value To Income in Shelburne is 4.0x.
The Rent To Monthly Income in Shelburne is 0.16x.
Statistic | Shelburne | Vermont | United States |
---|---|---|---|
Median Home Value | $391,900 | $240,600 | $244,900 |
Median Rent | $1,304 | $1,070 | $1,163 |
Median Income | $96,976 | $67,674 | $69,021 |
Home Value To Income | 4.0x | 3.6x | 3.5x |
Rent To Monthly Income | 0.16x | 0.19x | 0.2x |
The cost of living varies in the cities and towns around Shelburne. 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 Shelburne.
South Burlington, VT has a cost of living index of 120, 1.0x Shelburne.
Essex Junction, VT has a cost of living index of 115, 1.0x Shelburne.
City | Population | Cost Of Living | Vs. Shelburne |
---|---|---|---|
Burlington, VT | 44,703 | 118 | 1.0x |
South Burlington, VT | 20,042 | 120 | 1.0x |
Essex Junction, VT | 10,473 | 115 | 1.0x |
Winooski, VT | 8,015 | 111 | 0.9x |