Cost of Living in Colchester
Colchester's cost of living centers on a real, disclosed housing premium over the national figure and over neighboring Milton, set against Vermont's genuinely high statewide tax burden.
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Learn moreHousing runs above the national figure
Colchester's average home value (~$492,088) and median sale price (~$500,000) both run notably above the $408,776 national comparison figure this project cites.
A real premium over Milton, a discount to Williston
Colchester housing runs meaningfully above neighboring Milton (a more-affordable Chittenden County town) while running below neighboring Williston -- a real, disclosed regional spread.
Vermont's real, high statewide tax burden applies
Vermont's real 8.75% top marginal income tax rate and genuinely high statewide property tax burden (per vermont.js) both apply in Colchester, even though Colchester's own cited property tax rate runs close to the state average.
Key takeaways
- Colchester's housing costs run above the national figure and above neighboring Milton.
- Colchester runs below neighboring Williston on typical home price.
- Vermont's real, high statewide income and property tax burden applies regardless of Colchester's own moderate town rate.
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