Cost of Living in Bennington County, Vermont

$1,063/mo
Median Monthly Rent
$257,400
Median Home Value

At a Glance

Median Monthly Rent
$1,063/mo
5% below state average
Median Home Value
$257,400
9% below national
Rent-to-Income Ratio
35.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Bennington County Compares

Median monthly rent comparison

Bennington County$1,063/mo
Vermont Average$1,117/mo
National Median$1,163/mo

Detailed Housing Stats

$1,063/mo
Median Gross Rent
$257,400
Median Home Value
$1,277/mo
Monthly Owner Cost
35.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Bennington County ranks #2,925 of 3,144 counties for affordability (bottom 7%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Bennington County, Vermont

Bennington matches Vermont's affordability average

Bennington County's rent-to-income ratio of 17.8% aligns perfectly with Vermont's state average, though its median household income of $71,494 trails the national median of $74,755 by roughly 4%. This means Bennington residents pay a typical Vermont share of their income toward housing but earn somewhat less than the average American household.

Right in the middle of Vermont's range

Bennington's 17.8% rent-to-income ratio matches the state average exactly, placing it neither among Vermont's most nor least affordable counties. With a median home value of $257,400, Bennington offers more modest housing prices than the state's western counties while maintaining reasonable rental costs.

Affordable rents, lower incomes than neighbors

Bennington's median rent of $1,063 is the lowest among its peers, undercutting even Caledonia's $904 less often than nearby counties like Addison ($1,201). However, incomes here are lower than most surrounding counties, which partially offsets the rent advantage in affordability calculations.

Split between renters and homeowners

Renters in Bennington pay $1,063 monthly while homeowners face $1,277 in mortgage and taxes, with median household income of $71,494 supporting these costs. Housing consumes 17.8% of the typical household budget—right at the state average and below the financially safe 30% threshold.

Balanced affordability for budget-conscious movers

Bennington delivers steady, middle-of-the-road housing costs without premium job-market wages, making it ideal if you value predictability and lower absolute rent. If seeking stronger income prospects, look northeast to Chittenden; if you prioritize rock-bottom costs, explore Caledonia or Essex.

Cost of Living Advisory: Bennington County

Affordability Verdict

For renters in Bennington County, the market is affordable. Expect to pay around $1,063/month in gross rent, with 35.0% of renter households considered cost-burdened.

Rent vs. Own

At $1,063/month rent versus $1,277/month in owner costs, renting is roughly $214/month cheaper — a 17% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $42,520/year. For owner costs at the 28% rule, the required income is roughly $54,729/year. With a median household income of $71,494, most households can comfortably afford rent here. Notably, 35.0% of renter households in Bennington County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Vermont, Bennington County is less affordable than Lamoille County by roughly 5% ($1,063/mo vs $1,123/mo).

Affordability Calculator

See how your income compares to housing costs in Bennington County

$

Rent Burden

17.8%

of gross income

Max Housing (28% Rule)

$1,668

per month

Owner Cost Burden

21.4%

of gross income

The median home in Bennington County may be a stretch

Median home value is $257,400. Estimated monthly cost: $2,055 vs. your max of $1,668.

Rent Affordability Guide

Your rent-to-income ratio17.8%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,494Needed: $42,520
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,494Needed: $54,729
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,494Needed: $59,904

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Bennington County, Vermont?
Bennington County, Vermont has a median monthly rent of $1,063/mo and a median home value of $257,400. The affordability rating is Unaffordable, with rent making up approximately 35.0% of median household income.
What is the median rent in Bennington County?
The median gross rent in Bennington County is $1,063/mo. This is 5% below state average for Vermont.
Is Bennington County affordable?
Bennington County is rated Unaffordable based on rent-to-income ratio of 35.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Bennington County's rent compare to the state average?
Bennington County's median rent of $1,063/mo is 5% below state average of $1,117/mo for Vermont.
What is the median home value in Bennington County?
The median home value in Bennington County, Vermont is $257,400. This is 9% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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