Cost of Living in Burlington-South Burlington, VT

How far does a $70,000 salary go in Burlington-South Burlington? Estimated income taxes on that gross salary total approximately $9,924 per year — combining federal taxes with Vermont's state income tax. Subtract rent for a 2-bedroom apartment ($2,140/month based on HUD Fair Market Rents for the Burlington-South Burlington metro area) and the estimated annual take-home is $34,396, or roughly $2,866 per month for everything else: food, transportation, savings, and discretionary spending.

The Burlington-South Burlington metro has a cost of living index of 101.9 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). Burlington-South Burlington sits close to the national average, meaning everyday expenses are broadly in line with what you'd find across most U.S. cities.

At a $70,000 salary, the estimated 2-bedroom rent in Burlington-South Burlington represents approximately 37% of gross income. That exceeds the conventional 30% guideline, meaning housing takes a significant share of the budget at this income level.