Morrisville, VT, offers a cost of living slightly below the nationwide average. According to the latest data, the overall cost of living index for Morrisville stands at 98, which is 2% lower than the national average of 100. Housing costs in Morrisville are notably affordable, with an index of 95, contributing to this lower cost of living.
While some categories like groceries and utilities show slightly higher costs, they are balanced by lower healthcare expenses, which have an index of 90. This mix makes Morrisville an attractive option for those seeking a more budget-friendly lifestyle without sacrificing too many conveniences.
The cost of living in Morrisville, VT, offers a blend of affordability and minor premium expenses for specific categories compared to the nationwide average, which stands at 100. For housing, Morrisville residents benefit from a cost index of 95, indicating a 5% lower cost compared to the national average. This makes housing a particularly attractive option for those looking to relocate to Morrisville. In contrast, groceries cost slightly more, with a cost index of 105, reflecting a 5% increase over the national average.
Transportation costs in Morrisville are also slightly below average, with a cost index of 98, suggesting a 2% decrease. Utility costs, however, are higher, indexed at 110, which means a 10% increase. Healthcare costs are notably lower, with an index of 90, representing a 10% savings compared to the average. Miscellaneous expenses show a modest 2% increase, with an index of 102. Overall, Morrisville presents a balanced cost of living experience with some categories offering savings and others requiring a bit more.
