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Michigan

Moderate tax burden · COL index 88

Wins 8 categories

VS

Vermont

High tax burden · COL index 111

Wins 5 categories

Vermont's top income tax rate is 8.75% vs Michigan's 4.25%. Cost of living in Vermont (index 111) runs 26% higher than Michigan (index 88). Property taxes are meaningfully different: Vermont averages 1.73% annually vs Michigan's 1.32%. The median home in Vermont costs $380K vs $250K in Michigan.

Michigan
Vermont

Taxes

4.25%
Income Tax (top rate)
8.75%
1.32%/yr
Property Tax Rate
1.73%/yr
6%
Sales Tax (avg)
6.22%
No
Social Security Tax
No
Yes
Estate Tax
No
As income
Capital Gains Tax
As income

Housing & Cost of Living

88
COL Index (100=avg)
111
$250K
Median Home Price
$380K
$1,150/mo
Median Rent (2BR/mo)
$1,600/mo
$1K/yr
Home Insurance (avg/yr)
$900/yr

Crime & Safety

445
Violent Crime / 100K
167
1,670
Property Crime / 100K
1,390

Healthcare

#25 of 50
Healthcare Quality Rank
#5 of 50
75.7 yrs
Life Expectancy
79.8 yrs
5.9%
Uninsured Rate
3.8%
Yes
Medicaid Expansion
Yes

Education

#38 of 50
K-12 Quality Rank
#6 of 50
No
School Choice / Vouchers
Yes

Childcare

$1,300/mo
Avg Infant Care / mo
$1,500/mo

Utilities & Daily Costs

$140/mo
Avg Energy Bill / mo
$175/mo
$460/mo
Avg Groceries / mo
$590/mo
#47 of 50
Road Quality Rank
#34 of 50

Social Policy

C+
Gun Laws Grade
B-
R+2.0
2024 Presidential Margin
D+31.0

Category wins

8

Michigan

5

Vermont

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People Also Ask

Is Vermont cheaper than Michigan?

Overall cost of living in Detroit, MI is 11.4% lower than in Burlington, VT. The average listing price for a home in Detroit, MI is $522,708, which is 20.6% lower than Burlington, VT. The average cost of groceries in Detroit, MI is 4.3% lower than Burlington, VT.

Is Vermont mostly Democrat or Republican?

The legislature has been primarily Democratic since the mid-1980s.

Are people leaving VT?

What are the pros and cons of living in Vermont?

Full Michigan Profile →Full Vermont Profile →

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Annual Income

$150K

Affects effective income tax rate

$0$500K$5M+

Retirement Savings

$0

Affects pension and SS tax burden

None$500K$10M+

Social Security

None

Annual Social Security benefit

None$150K/yr

My Property Is Worth

$400K

Affects property tax burden

Tax burden ↓$1M$50M+

Home Buying Budget

$400K

Compared to state median home price

Hard to find$250K$5M+

Monthly Rent Budget

Don't care

Compared to state median 2BR rent

Don't care$10K/mo

Job Market

Don't care

State unemployment and job growth

Don't careHot market

Airport Access

Don't care

Direct flight destinations from state hubs

Don't careMust have hub

City vs Country

Mid-size city

% urban population

Deep countryBig city

Sunshine

Don't care

Annual sunny days per state

Don't careMax sunshine

Food Scene

Don't care

Restaurants per 100K residents

Don't careWorld-class

Political Preference

Neutral

State's political lean

LiberalConservative

Gun Laws

Neutral

State gun law grade (Giffords)

Gun Control2A Freedom

Abortion Access

Neutral

State abortion access policy

Pro-ChoiceNeutralPro-Life

Community

None

Congregations per 100K residents

AvoidDon't careSeek

Sports & Entertainment

Don't care

Pro sports teams and major venues

Don't careMust have pro teams

Cannabis Laws

Neutral

State cannabis legality

Prefer LegalNeutralPrefer Prohibition

Retiree Community

Neutral

% population 65+ (Census)

Young areaRetirement-heavy

Dating Market

Neutral

% adults never-married (Census)

Singles sceneFamily community

Safety / Low Crime

Don't care

Violent crime rate per 100K (FBI)

Don't careVery safe

School Quality

Don't care

K-12 rank (Education Week)

Don't careTop-ranked

Healthcare Access

Don't care

Healthcare system rank (Commonwealth Fund)

Don't careTop-ranked

Childcare Affordability

Don't care

Cost of living proxy for childcare affordability

Don't careMust be affordable