Where can you live in Vermont on 2500 a month? In this video I'm gonna tell you just that everyone
wants to know where they could live on the cheap sometimes they want to know where they could do it
in their own State save a little money and others want to know where they could do it in another
state well today we're going to answer that question about Vermont the Green Mountain State is
one of the safest states in the country not just New England the entire country it shares a border
with New Hampshire Maine Massachusetts and Canada Vermont is known for beautiful landscapes maple
syrup and Bernie Sanders it's also known for not having a lot of people the entire state has less
than 700 000 people their largest city Burlington has about 45 000 residents the state capital of
Montpelier has around 8 000. this is not a crowded place we did this series like two years ago and
we based it on what the typical person made in retirement today we're looking at what is
considered the poverty line for a family of three that number in 2022 was 2 354 dollars we rounded
it up to 2500 and called it good this 2500 number should be enough for the average family of three
to survive or a retired couple this will pay their housing utilities Transportation food and clothing
we aren't considering debt you might have like student loans or whatever and we're not taking
Health Care into consideration or taxes those are extremely different from person to person so you
can figure out what your tax bill and health bill is every month and just add it on to the 2500 or
whatever this is the very basics of what you need to get by got it get it good let's take a look
number 10 Millbury Vermont so this one's probably over a little bit but it was really hard to find
10 for this list Vermont is really not that cheap I figure if you have a good enough
down payment for your home it's doable you know keep that mortgage down whatever just don't rent
here anyway Middlebury is located in Western Vermont and it is home to Middlebury College
it's a prestigious liberal arts college that was founded in 1800 Middlebury is situated near the
Green Mountain National Forest which offers tons of hiking opportunities camping other
outdoor activities so this is a great place to live it also has a lot of well-preserved older
buildings that's kind of common in New England but it should be pointed out the poet Robert
Frost also lived in the area all right let's get to the numbers the cost of living in Millbury is
eight percent higher than the national average they say the average home here is 236 thousand
two hundred dollars I don't think that's very realistic I don't see anything that's for sale
near that right now I think a lot of the vacant homes have helped bring down that price the
median home price is only 180 000. they say the average here is 236. I don't know keep your eye
out maybe it's going to pop up eventually the average monthly expenditure in Middlebury is
around 2500 which includes rent utilities food transportation and other Essentials
number nine Newport Vermont seems like every place has a new Port Newport is a town in northeastern
Vermont that offers affordable living the Town of Newport is home to several annual events and
festivals including the Newport winter festival the Newport City Day celebration and the Newport
Scottish Festival these events celebrate the town's history culture and natural beauty
everything in Vermont has natural beauty just so you know that's gonna pop up a lot here back in
the day Newport was a major hub for the railroad industry with several Rail lines passing through
the town today the Newport railroad Depot is just a historic site like a museum type thing been
restored it's nice they just don't have a bunch of trains going through there anymore Newport is
three percent less expensive than the US average which is great lower cost living the typical home
here goes for about 184 thousand that one I'd say is realistic they have some homes here that
are going for 199 200 000 they got some lots for sale anything below 200 000 you're gonna
have to put some work into they look livable they also say the average rent here for a one bedroom
apartment is around 750 a month I didn't find much proof of that I'd say realistically expect to pay
850 to 900. the average monthly expenditure in Newport is around 2 469 dollars that like
I said is rent utilities food transportation and other Essentials no trip to the Bahamas
number eight St Johnsbury Vermont this town is home to the Fairbanks Museum and planetarium
which was founded in 1889 by Franklin Fairbanks a wealthy businessman and philanthropist from
the area the museum features a diverse collection of Natural History specimens taxidermied animals
fossils and minerals as well as an extensive collection of antique instruments and machines
those always fascinate me when you have like an antique machine that was just big bulky and
then you found out that it just ironed clothes or something like that the average monthly rent for
one bedroom apartment is around 700 they say in St Johnsbury again I think that's gonna be closer
to eight eight fifty but the cost of living here is 3.3 percent less expensive than the US
average looking at their homes their average home will go for about a hundred and eighty thousand
seven hundred dollars I don't think that number is unrealistic at all right now they have one for 160
000. it's an older home it looks nice sure they got a toilet sandwich between
a washing machine and a dryer but hey for 106 thousand I'm willing to multitask the
average monthly expenditure in St Johnsbury is two thousand four hundred and fifty dollars
number seven Springfield Vermont Springfield was first settled in 1752 and was named after
the town of Springfield in Massachusetts in 2008 Springfield Vermont was selected as the winner of
Vermont's best small town competition which was organized by the Vermont community development
program now that's pretty cool because there's a lot of really nice small towns to choose from in
Vermont sure 2008 was a while back but still this is one of those towns though that you'd
probably want to buy a house a cheap one versus renting the average monthly rent in a one-bedroom
apartment in Springfield they say it's 8.50 a month but I think it's closer to a thousand
but the average house here goes for about 150 300 and honestly that's pretty realistic for
this place there's a bunch of homes for sale right now that go for anywhere between 130
000 to 190 000. they're older they're gonna need some work but that is not bad for a house in small
town Vermont Springfield's cost of living is three percent less expensive than the US
average so your average monthly expenditure in Springfield would be around 2 390 dollars
number six Barry Vermont Berry is known as the granite capital of the world you know why it's got
the largest Granite Quarries in the world makes sense they do pull a lot of granite out of the
ground here the granite from Berry has been used in a lot of famous landmarks one that I know of is
the Vietnam Veterans Memorial in Washington DC the population in Berry is around 9 000 people making
it one of the largest cities in Vermont like we said earlier Vermont doesn't have many people for
being one of the bigger cities it's still able to maintain a low-cost living it's actually 3.7
percent below the national average and they say the average monthly rent here for one bedroom is
around 800 I looked around yeah that's reasonable if you want to buy a home here they've got some
pretty good options they say that the average house here costs about 144 thousand dollars
which that's pretty close I mean it's their lower end they got a lot of homes that are you know 350
or 750 they usually come with some property but they have some nice older homes right now three
bedroom two bath 124 thousand dollars they got one that's uh it's gonna need a lot of work 105
000 159 000 and then they got a bunch that are you know 240 235 things like that so definitely
they're not gonna break the bank if you're just trying to get a house but with all that
taken into consideration the average monthly expenditure in Berry is around 2 340 a month
number five Rutland Vermont Rutland is known as Marble City because of its Rich history in
Marble production marble from Rutland has been used in the construction of the United States
capitol building the New York Public Library and the Washington Monument Rutland is also
home to the Rutland Free Library which was the first free public library in Vermont and one of
the first in the United States now if you want to move here and rent a place the average rent
they say is going to be about 800 bucks yeah that's close probably 850 to 9. that's just
for a one bedroom apartment nothing exciting now when I give these numbers if you're watching this
two years from now rent changes all the freaking time home prices do too but rent even more so so
just keep in mind this was uploaded in April of 2023. I've honestly had comments or emails about
I don't know what I'm talking about and they start talking about the prices I gave for some place in
Idaho or something like that and then I have to point out that video was uploaded five years ago
they never seem to respond back at after I tell him that but rutland's cost living is 4.7 percent
below the national average the average home here they say is about 158 thousand dollars now that's
fair there's plenty of homes here that are going for 99 150 121 149. all of them are older homes
all of them look pretty decent ready to move in I'm not there checking out the plumbing and
making sure the wiring is all up to code I'm just telling you what I see but all that figured in
gives Rutland an average monthly expenditure of around two thousand three hundred dollars
number four Bennington Vermont Bennington is a town in the southwestern part of Vermont and it's
the largest town in Bennington County this town is home to the Bennington Battle Monument which
is the tallest human-made structure in Vermont standing 306 feet tall that doesn't seem like
it's that big Bennington is also famous for its historic Bennington Potters a pottery company
that has been producing handmade stoneware since 1948. that's kind of cool love stoneware if you
want to move here and you're looking to rent it's going to be at least eight to nine hundred
dollars the cost of living is 4.5 percent below the national average and they say the typical
home here goes for about 157 000. I think that's fair I'm looking at homes right now just on Zillow
that are going for one for 55 000 that's a vacant lot though uh you got one for 239 thousand one
for 159 another one for 105 000 they actually got one that looks livable 74 thousand dollars
so yeah that 157 thousand dollars does seem like the average you put all that together and
the average monthly expenditure in Bennington is around two thousand two hundred and eighty dollars
number three Derby Vermont Derby Vermont is home to the Haskell free library and opera house this
is a unique building that actually straddles the border between the United States and Mexico the
library was built in 1901 and is a popular tourist attraction as visitors can enter the building in
the United States and exit in Tijuana just kidding Canada how many of you were leaving the comment
how many of you were absolutely freaking out Vermont is nowhere near Mexico I say that in
case you've never looked at a globe Derby also has a strong French Canadian influence and many of its
residents speak French in fact Derby hosts the Annual franco-american Festival that celebrates
the town's French heritage now they say the average monthly rent here for a one-bedroom
apartment is around 750 now that one could be true uh there's nothing nice there's one thing for rent
right now that I could see and it's going for 850 a month and it's a two bedroom not a one bedroom
so possibly one thing I know isn't true is the home prices they say the average home here costs
about 167 thousand eight hundred dollars now if you want to park a tiny home on some property this
is definitely doable as one of the cheapest places because they've got a lot of acreage
for sale and it's dirt cheap as far as homes go as far as I can tell they start off around 300
000 and work their way up into the 700 thousands easily but where this place shines is the lots
for sale you can get about two and a half acres in one place for thirty seven thousand dollars
another one is offering 20 acres for a hundred and fifty thousand dollars uh 1.2 acres is going
for 98 that one's got a lot of trees on it 150 000 for 3.6 Acres so if you want to build a home
or bring a tiny home to this area it's a great place I don't know the rules on tiny homes in
this County in this state they change all the time and there's so many little ins and outs if you're
into tiny homes you probably know all about it but definitely make sure before you make any
serious plans I'd love to live in a tiny home if I didn't own a 250 pound indoor Pig I would sad
I need a second one for an office but the cost of living in Derby is 4.6 below
the national average which is solid the average house like I said goes for about
167 thousand dollars giving the average monthly expenditure in Derby to be around 2 250 dollars
number two Swanton Vermont Swanton is home to the world's largest teddy bear factory which produces
over 10 000 teddy bears every single year I know I'll sleep better tonight Swanton also
hosts the annual Maple Festival that celebrates Vermont's long-standing tradition of maple syrup
production the festival features live music food vendors and maple syrup tastings imagine
if you're having that you should probably also have some Health Care Professionals
that know how to deal with people in diabetic Comas what kind of syrup do you guys like I'm
I'm a complete maple syrup guy I think it's sacrilegious to put any other kind of syrup
on pancakes or waffles than maple syrup and yes I do say syrup weird I try and say the way other
people say it but Southern California it's just syrup don't give me a hard time I don't give you
guys a hard time when you call a soda a pop now if you want to move to Swanton and you're going
to rent they say the rent is about eight hundred dollars I saw no proof of that everything I saw
was thousand dollars Eleven Hundred twelve hundred all the way up to about 16 1700.
those were all two bedrooms I didn't see one one one bedroom for rent so maybe it is I don't know
but the average housing cost here is 170 700 I found a couple that were going for 150 160
000 but most were over four hundred thousand this one does have a lot of lots for sale and those
vary from fifty thousand dollars for two acres on up to eighty four four acres but if you take all
their averages into account the average monthly expenditure in Swanton is around 2 220 dollars
all right before we get to number one don't forget we have another Channel called on this
day there's a link for that down below there's also a link for home and money if you're
looking for a real estate agent anywhere in the country all right on to number one
and number one Saint Albans Saint Albans Vermont is a town that was originally settled in the late
1700s and was named after Saint Albans in England during the American Civil War Saint Albans was
the site of the Northwestern most Confederate invasion of the United States on October 19
1864 a group of Confederate soldiers led by Captain Bennett H young robbed three banks in
the town and fled northward making it as far as Saint Johnsbury before they were captured
I'd like to read about historical stuff I had no idea about that one that's amazing Saint Albans
is located in Northwestern Vermont and it has a cost of living that's 4.8 percent below the
national average which is outstanding now they say the average monthly rent for one bedroom
apartment here is about nine hundred dollars I think that is possible they don't have any for
rent right now but they do have decent looking homes that have three bedrooms two baths going
for about 1400 so that would make sense 900 seems reasonable now the average house here
goes for about 194 thousand dollars that's what they say that's not what I'm finding they have
a few that need some work that are under 200 000 they have a few lots for sale that are going for
under seventy five thousand give you two or three acres I would say most homes start a little over
three hundred thousand but if you just go by their averages St Albans average monthly
expenditure is around two thousand two hundred and twenty dollars also just like number two on this
list if you ever want to visit Saint Albans you could take the Amtrak from New York City straight
up there in my opinion the better way to take that train is heading south it takes off at 9
15 in the morning get you into New York City by around 6 30 at night get to see the scenery that
way the other one does most the trip at night all right that's today's video hope you guys
enjoyed I hope you got some information of it now go out have a great day and be nice to each other