Cost of Living Comparison
Quality of Life

Massachusetts vs Vermont: Cost of Living

Vermont is cheaper overall by 31.2 cost-of-living points, but Vermont has lower median home values.

Massachusetts flag
Massachusetts
MA • Northeast
148.8
Composite cost of living index (100 = national average). Lower = more affordable.
Vermont flag
Vermont
VT • Northeast
Winner
117.6
Composite cost of living index (100 = national average). Lower = more affordable.

Visual Comparison

Massachusetts 148.8
Vermont 117.6

Difference: 31.2 points — Vermont leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for cost of living.

Massachusetts #49 · 148.8
Vermont #43 · 117.6
Best Worst

10 Best States — Cost of Living

Lower is better
#1 West Virginia flag West Virginia
83.6
#2 Mississippi flag Mississippi
85.5
#3 Arkansas flag Arkansas
87.6
#4 Kentucky flag Kentucky
88.0
#5 Alabama flag Alabama
88.6
#6 Oklahoma flag Oklahoma
88.6
#7 Missouri flag Missouri
90.0
#8 Kansas flag Kansas
90.2
#9 Iowa flag Iowa
91.0
#10 Ohio flag Ohio
91.0
Selected states
#49 Massachusetts flag Massachusetts
148.8
#43 Vermont flag Vermont
117.6

Massachusetts ranks 49th and Vermont ranks 43rd nationally for cost of living.

Overview

A fast-reading view of the tradeoffs behind the raw cost numbers.

Living Costs
Overall

Vermont feels cheaper overall

Vermont has the lower cost-of-living index, beating Massachusetts by 31.2 points on the overall affordability baseline.

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Housing

pay about 1.7x more for a home

Vermont has the lower median home value, while buying in Massachusetts costs materially more at the median.

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Rent Pressure

Vermont puts less pressure on a median paycheck

Median rent takes a smaller share of household income in Vermont than in Massachusetts, which makes monthly budgeting easier.

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Taxes

Massachusetts keeps more income after state tax

Massachusetts has the lower top state income tax rate, which softens the total cost picture even when prices are close.

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Cost Stack

Massachusetts
Overall Affordability
Cost of living index
148.8
Regional price parity
110.4
Regular gas price
$3.933/gal
Electricity price
31.16 c/kWh
Housing
Median gross rent
$1,678/mo
Median home value
$510,400
Owner costs with mortgage
-
Owner costs without mortgage
-
Taxes
State income tax
5.00%
State sales tax
6.25%
Property tax
1.07%
Income
Median household income
$96,505
Income after median rent
$6,364
Minimum wage
$15.00/hr
Laws
Gun laws
Restrictive
Alcohol system
License State
Marijuana status
Legal
Vermont
Overall Affordability
Cost of living index
117.6
Regional price parity
102.5
Regular gas price
$4.094/gal
Electricity price
23.29 c/kWh
Housing
Median gross rent
$1,147/mo
Median home value
$295,900
Owner costs with mortgage
-
Owner costs without mortgage
-
Taxes
State income tax
8.75%
State sales tax
6.00%
Property tax
1.59%
Income
Median household income
$74,014
Income after median rent
$5,021
Minimum wage
$14.01/hr
Laws
Gun laws
Restrictive
Alcohol system
Control State
Marijuana status
Legal

What Stands Out

  • Vermont has lower median home values.
  • Vermont has the lower overall cost index.
  • Massachusetts has the higher median household income.
  • Vermont looks more attainable on home value to income ratio.

What This Means

Massachusetts vs Vermont: Cost of Living in context

Vermont has a cost of living of 117.6, compared with 148.8 in Massachusetts. Composite cost of living index (100 = national average). Lower = more affordable.

Massachusetts
148.8
Vermont
117.6
Difference
31.2 points

People Also Ask

Massachusetts vs Vermont Cost of Living — Common Questions

Q What is Massachusetts's cost of living?

Massachusetts's cost of living is 148.8.

Q What is Vermont's cost of living?

Vermont's cost of living is 117.6.

Q Which state has a lower cost of living — Massachusetts or Vermont?

Vermont is cheaper overall by 31.2 cost-of-living points, but Vermont has lower median home values.

Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset; purchasing-power figures use BEA Regional Price Parities. Minimum wage data comes from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.