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A good salary in Vermont supports a quality of life that attracts people seeking small-town New England charm and outdoor recreation.

Quick Answer

Situation Good Salary Comfortable Salary
Single, VT average $52,000-$68,000 $42,000-$52,000
Single in Burlington $58,000-$75,000 $48,000-$58,000
Single in Montpelier $50,000-$65,000 $40,000-$50,000
Family of 4 $85,000-$110,000 $68,000-$85,000

Key note: Vermont’s housing costs have risen as remote workers have moved in.

Why Vermont Is Moderately Expensive

Vermont’s cost factors include:

  • Limited housing stock (especially in popular areas)
  • Remote worker influx during/after pandemic
  • High energy costs (cold winters)
  • Higher taxes than most states

Good Salary by Vermont City

Burlington

Burlington is Vermont’s largest city on Lake Champlain.

Category Single Person Family of 4
Minimum to survive $42,000 $72,000
Comfortable $55,000 $90,000
Good lifestyle $75,000+ $120,000+

Median home price: ~$475,000
Average rent (1BR): ~$1,600/month

Montpelier

Montpelier is the nation’s smallest state capital.

Category Single Person Family of 4
Minimum to survive $38,000 $65,000
Comfortable $50,000 $82,000
Good lifestyle $65,000+ $105,000+

Median home price: ~$380,000
Average rent (1BR): ~$1,300/month

Rutland

Rutland offers more affordable living in central Vermont.

Category Single Person Family of 4
Minimum to survive $32,000 $55,000
Comfortable $42,000 $70,000
Good lifestyle $55,000+ $90,000+

Median home price: ~$280,000
Average rent (1BR): ~$1,050/month

Stowe/Ski Country

Ski resort areas command premium prices.

Category Single Person Family of 4
Minimum to survive $50,000 $85,000
Comfortable $65,000 $105,000
Good lifestyle $90,000+ $150,000+

Median home price: ~$700,000+
Average rent (1BR): ~$2,000/month

How Much House Can You Afford in Vermont?

Annual Salary Max Home Price (28% rule)
$52,000 $190,000-$210,000
$68,000 $255,000-$280,000
$85,000 $320,000-$350,000
$110,000 $420,000-$460,000

Vermont vs. Other States

State $65K Salary Take-Home Cost of Living Index
Vermont $52,500 106
New Hampshire $56,500 108
Maine $52,800 102
Massachusetts $51,500 125

Vermont’s income tax is higher than neighbors.

Vermont State Income Tax

Vermont has a graduated income tax:

  • $0-$45,400: 3.35%
  • $45,401-$110,050: 6.6%
  • $110,051-$229,550: 7.6%
  • Over $229,550: 8.75%

The top rate of 8.75% is among the highest in the nation.

Top Industries in Vermont

  1. Healthcare (UVM Medical Center) — Average salary $60,000+
  2. Education — Average salary $50,000+
  3. Tourism/Recreation — Seasonal, average $38,000+
  4. Manufacturing (specialty foods, precision) — Average salary $52,000+
  5. Technology (remote workers, small tech) — Average salary $75,000+
  6. Agriculture (dairy, maple syrup) — Average salary $40,000+

Vermont Lifestyle Considerations

Pros:

  • Beautiful four-season scenery
  • Strong community feel
  • Excellent skiing and outdoor recreation
  • High quality of life
  • Clean environment

Cons:

  • High income taxes
  • Long, cold winters
  • Very limited job market
  • Housing shortage in popular areas
  • Far from major metros

Sources

  • U.S. Bureau of Labor Statistics. “Occupational Employment and Wage Statistics, May 2024.” bls.gov/oes

WealthVieu
Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

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