Are You Moving From or To Vermont?
The beautiful New England state of Vermont is one of the most picturesque states in the US. Its name translates to the ‘Green Mountain State’, although throughout the year there’s a real rainbow of colors as summer turns to fall and winters give way to spring.
Vermont is a northeastern state in the New England region of the United States. One of the most interesting things about this quaint little state is its moderately low population, which right now is less than 627,000 people.
Although this makes Vermont a quaint and quiet state, it is not without a distinct vibe all of its own, with small-.town hosppitality prevalent at every turn. If you’re looking for escape from the rat race, Vermont could be the perfect choice for those seeking a tranquil way from the hustle and bustle of city living.
But before you pack up your bags and hit the road. Let’s dive in and find out everything you need to know about Vermont. there are a lot of things you’re going to need to know. Luckily, you’ve come to the right place.
What Should I Know In 2020?
Vermont economic activity goes over $35 billion, the money comes from agricultural produce such as Dairy products, cattle, hay, apples, maple products. And in Industries such as Electronic equipment, fabricated metal products, printing and publishing, paper products, tourism.
Vermont’s economy relies heavily on the service sector; its collective activities have long been the most important in teams of overall value and employment. Vermont has a low unemployment rate as compared with other states, although pockets of high employment still exist. Wages in the state are somewhat lower than the national average.
Tourism is one of Vermont’s largest industries, bringing in nearly 13 million visitors and nearly $2.8 billion each year before Covid-19. It’s the state’s 2017 tourism study, and it supports 32,000 jobs, which is about 10% of the state’s workforce. Vermont hoteliers say the state’s lodging industry is expected to lose about $530 million in revenues this year, resulting in a loss of 48 million in occupancy taxes.
That means Vermont will likely be hit harder than other New England states by the economic impact of the Covid-19 shutdowns.
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Traffic & Transportation
Vermont boasts an interstate bus service as well as a once-a-day rail service offered by Amtrak. Vermont currently has a substantial amount of track in place which, while not sufficiently expansive to serve at the local level, does a good job connecting areas with relatively high population density to one another.
The Vermont Public Transportation Association (VPTA) helps to increase mobility for all Vermonters as the statewide information resource. They work to support individuals with safe, efficient, and affordable transportation utilizing updated technologies and flexible options that help support fellow Vermonters getting to work, school, medical appointments, and wherever life takes them.
They provide information and support about public transit to the general public and policymakers and contract with government agencies to administer transportation services throughout the state.
Cost of living
Living in Vermont is more expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 3.0% more than they do on average nationwide. Compared with all other states, Vermont has the 11th highest overall cost of living.
Healthcare Is important, especially for those with families or who already have medical conditions to contend with. The good news is that health-related expenses in VT come in at 7.7% above the national average.
Utilities: Utilities include heating, cooling, gas, electric, cable/satellite, and other necessities for running a home. According to data collected by BestPlaces.net, utility cost as compared to the national average comes in at 17.4% higher.
Transportation: Those who normally spend a lot on travel and transportation in the state coming in at 22.1% below the national average.
Food & Groceries: As compared to the national average, grocery expenses in Vermont are about 6.7% higher than the national average. Whether or not this will be an increased cost for you will depend on your current location.
Summary regarding expenses: Although the cost of many categories is higher, those that move here can expect to save a whopping 11.5% on housing and 22% on transportation, two very significant expenses salaries in the state, can balance things out quite nicely.
Moving to Vermont
Things to Know When Moving to Vermont
Moving is one of the most exciting and overwhelming events in our lives. While there are many moving companies and various different resources to choose from, there is only one Real Movers. If you are in the process of planning a long-distance move, and you are looking for a moving company you can trust, Real Movers is your perfect choice.