Essex Junction, VT Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

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

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
115
Essex Junction's Overall Cost Of Living
1.1x
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:

9 out of 13
In Vermont
4,492 out of 6,412
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
For more reading on cost of living around Vermont, check out:
Essex Junction Cost of Living Vs. VT

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
Search Homes For Sale In Essex Junction, VT
$312,500
Median Home Value
$1,412
Median Rent
$79,677
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

7.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
6
Diversity
8
Safety
N/A
Amenities
8.5
Education
8.5
Commute
8.5

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

Articles About Vermont

Enjoy The Snack?