The cost of living impacts everything from access to basic needs to mental health and resilience.
The chart below shows four benchmarks for the cost of living for a family of four with two working adults: the maximum Reach Up benefit, the minimum wage for two full-time adults, the family median wage, and the MIT Living Wage.
Data Sources
- Vermont Department for Children and Families, Economic Services Division
- Office of the Assistant Secretary for Planning and Evaluation
- FRED Economic Data | St. Louis Fed.
- Living Wage Calculator. Massachusetts Institute of Technology.
Related Indicators
Households with Children Spending 30% or More of Their Income on Housing – The indicator chart shows the percentage of households spending 30% or more of income on rent or mortgage.
Related Indicators
Food Insecure Households with Children Under 18 – The indicator chart shows the percentage of children under 18 who are food insecure for Vermont and the U.S.