Affording Vermont 2023: Cost of Living for Vermont Families with Working Parents

Living in Vermont: A Dream for Families

The Charm of Vermont

Living in Vermont as a family with both working parents and two kids is often a dream for many Americans looking to escape city life. With its stunning natural scenery, small-town charm, and excellent public schools, this northeastern state has much to offer those seeking a slower pace of life.

Vermont is known for its strong sense of community, with many small towns and close-knit neighborhoods. Families can expect to be greeted with a warm welcome by their neighbors and can participate in local events and festivals throughout the year.

The state’s agriculture and food scene make it an attractive destination for families looking for locally-sourced and organic options. Vermont is known for its maple syrup, cheeses, and craft breweries, among other culinary delights.

The state also offers a variety of outdoor activities, from hiking and skiing to swimming and boating, making it an ideal place for families who enjoy spending time in nature.

The Costs of Living in Vermont

However, as with any move, the cost of living in Vermont can be a significant consideration for families, and it’s essential to know what to expect before making the move.

One of the first things to consider when thinking about the costs of living in Vermont is housing. According to data from Zillow, the median home price in Vermont is around $274,000, which is slightly higher than the national average. However, prices can vary widely depending on the region or town, and it’s important to research housing options thoroughly. Some families may choose to rent a house or apartment, and rental prices in Vermont are also generally higher than the national average.

Another significant expense for families in Vermont is childcare, with costs varying depending on the age of the child and the type of care needed. According to the Economic Policy Institute, Vermont is among the most expensive states in the country for infant care, with an average cost of around $12,000 per year. Preschool programs and after-school care can also be expensive, making it essential to research options and budget accordingly.

Researching housing options, childcare, and other expenses can be an essential step in making the move successful. However, for those seeking a slower pace of life, a strong sense of community, and access to outdoor activities and excellent schools, Vermont may be the perfect place to call home.

Top-Paying Jobs in Vermont

Vermont, a small state in the northeastern region of the United States, is known for its stunning natural beauty and a thriving economy. With a diverse range of industries, Vermont offers a plethora of promising career opportunities for job seekers. Let’s take a closer look at the top-paying jobs in Vermont and how they compare to the state’s standard of living.

According to salary data, the top-paying occupations in Vermont are management, sales managers, computer and information systems managers, and architectural and engineering managers, all offering an average annual salary of over $100,000.

Management occupations, with an average salary of $106,392 per year, are prevalent across industries and require excellent leadership skills, communication, and critical thinking. Sales managers earn an average salary of $125,340.80 per year, while computer and information systems managers make an average salary of $143,124.80 per year. Architectural and engineering managers earn an average salary of $138,736 per year.

Aside from these high-paying jobs, Vermont also has several lucrative opportunities in healthcare, education, and financial services. Dentists, surgeons, and physicians, for example, earn an average salary of over $200,000 per year. In comparison, a financial advisor earns an average salary of around $90,000, and an elementary school teacher earns around $50,000.

When choosing a career path in Vermont, it is essential to consider the cost of living. While the state offers a relatively high standard of living, a high-paying job is crucial to maintain it.

This content was created by Our team derives unique insights by analyzing contemporary data from trusted sources such as the Bureau of Labor Statistics, Redfin, MIT Living Wage, among others. Should you choose to utilize this data, we kindly request that you provide a link back to our resource.