If you’re searching for an affordable place to reside in Vermont, you may find the answer surprising. In the state, there exists a city with a modest cost of living and housing, coupled with a high quality of life.
This city boasts a rich history, a thriving arts and culture scene, and proximity to outdoor recreational activities. According to Redfin, it stands out as the most economical place to live in Vermont. Can you guess which city it is? Continue reading to uncover more about this undiscovered treasure in the Green Mountain State.
Cheapest City to Reside in Vermon:
Vermont is a state renowned for its progressive ideals, diverse culture, and stunning natural surroundings. However, because of the high cost of housing and living, it is also one of the most costly states to live in. Bennington, though, is one place that sticks out as an anomaly.
Situated close to the borders of Massachusetts and New York in the southwest corner of Vermont, Bennington is a tiny city home to approximately 15,300 residents. It is home to several iconic sites, including the Bennington Battle Monument, the Old First Church, and the Bennington Museum. Its rich history dates back to the Revolutionary War.
Read More: This City Has Been Named the Cheapest Place to Live in Massachusetts
Why Bennington is the Most Affordable City in Vermont to Live in?
What makes Bennington the most affordable place to live in Vermont is its cost-effectiveness. According to Redfin, the median home sale price in Bennington is $141,500, significantly lower than the state average of $390,700. The average sale price per square foot is $125, which is also below the national average of $154.
Despite the median household income in Bennington being $46,460, slightly lower than the state average of $50,760, it is still sufficient to cover living expenses.
Moreover, Bennington provides a high quality of life, featuring a low crime rate, a low unemployment rate, and a high graduation rate. The city boasts a vibrant arts and culture scene, hosting various festivals, galleries, and theaters. Additionally, it offers access to outdoor recreation, with nearby mountains, lakes, and trails.
Read More: This City Has Been Named the Cheapest Place to Live in Alaska
Other Affordable Cities in Vermont
While Bennington offers affordability, it’s not the sole budget-friendly option in Vermont. Brattleboro, Rutland, and Morrisville also feature on the list of most affordable places to live in the state.
Each of these cities possesses unique charms and attractions, making them worthwhile considerations for those seeking an economical place to reside in the Green Mountain State.
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To Conclude
Nestled in the scenic landscapes of Vermont, the delightful city of Bennington stands out as a hidden gem for those on a budget. Despite Vermont’s reputation for high living costs, Bennington allures with its surprisingly affordable housing, lively cultural scene, and its close proximity to the beauty of nature.
Bennington not only shines as Vermont’s most budget-friendly city but also competes with other economical options like Brattleboro, Rutland, and Morrisville. The final decision rests on your personal preferences and priorities.
If you’re in search of an affordable haven with a touch of history, culture, and natural splendor, consider exploring beyond the conventional choices and discovering the hidden charm of Bennington.
It’s important to note that affordability in Vermont extends beyond Bennington. With a bit of exploration, you can find your own piece of paradise in the Green Mountain State. Embark on your Vermont adventure today and find the perfect combination of affordability, charm, and natural beauty!
