VT · Rank 41 of 50 affordable
Can teachers afford to live in Vermont?
Tight, but workable.
The average Vermont teacher earns $71,871 per year. A typical 2-bedroom rents for about $1,931/mo, which is 32% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$71,871
Cost-of-Living Index
113.6
US avg = 100
Affordability Score
43/100
Renting in Vermont
2BR Rent / mo
$1,931
Annual Rent
$23,174
% of Salary
32%
Left after rent
$4,058/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Vermont
Median Home Price
$477,120
10% Down
$47,712
P&I (7%, 30yr)
$2,857/mo
Full PITI
$3,433/mo
Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.
Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.