Living Wage Calculator - Living Wage Calculation for Vermont (2024)

The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2024 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

See Also
Move Here

For further detail, please reference the Methodology page. The data on this page was last updated on February 14, 2024.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children
Living Wage $23.02 $41.86 $54.69 $71.31 $32.08 $38.87 $43.99 $46.90 $16.04 $23.38 $29.85 $35.00
Poverty Wage $7.24 $9.83 $12.41 $15.00 $9.83 $12.41 $15.00 $17.59 $4.91 $6.21 $7.50 $8.79
Minimum Wage $13.67 $13.67 $13.67 $13.67 $13.67 $13.67 $13.67 $13.67 $13.67 $13.67 $13.67 $13.67

Typical Expenses

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children
Food $4,865 $7,171 $10,757 $14,297 $8,919 $11,102 $14,299 $17,434 $8,919 $11,102 $14,299 $17,434
Child Care $0 $13,956 $27,560 $38,621 $0 $0 $0 $0 $0 $13,956 $27,560 $38,621
Medical $3,776 $9,578 $9,430 $10,043 $7,190 $9,430 $10,043 $9,506 $7,190 $9,430 $10,043 $9,506
Housing $13,249 $17,950 $17,950 $22,976 $14,232 $17,950 $17,950 $22,976 $14,232 $17,950 $17,950 $22,976
Transportation $10,655 $12,331 $15,533 $17,872 $12,331 $15,533 $17,872 $17,852 $12,331 $15,533 $17,872 $17,852
Civic $3,013 $5,303 $6,675 $7,730 $5,303 $6,675 $7,730 $7,226 $5,303 $6,675 $7,730 $7,226
Internet & Mobile $1,494 $1,494 $1,494 $1,494 $2,060 $2,060 $2,060 $2,060 $2,060 $2,060 $2,060 $2,060
Other $4,417 $7,884 $8,383 $11,588 $7,884 $8,383 $11,588 $11,139 $7,884 $8,383 $11,588 $11,139
Required annual income after taxes $41,469 $75,668 $97,781 $124,620 $57,919 $71,132 $81,540 $88,191 $57,919 $85,089 $109,100 $126,812
Annual taxes $6,422 $11,398 $15,975 $23,712 $8,812 $9,718 $9,967 $9,351 $8,812 $12,184 $15,090 $18,808
Required annual income before taxes $47,892 $87,066 $113,756 $148,333 $66,731 $80,851 $91,507 $97,542 $66,731 $97,273 $124,190 $145,620

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $104,930
Business & Financial Operations $78,870
Computer & Mathematical $88,440
Architecture & Engineering $82,260
Life, Physical, & Social Science $73,000
Community & Social Service $52,570
Legal $87,770
Education, Training, & Library $61,070
Arts, Design, Entertainment, Sports, & Media $65,200
Healthcare Practitioners & Technical $94,250
Healthcare Support $36,760
Protective Service $52,730
Food Preparation & Serving Related $38,060
Building & Grounds Cleaning & Maintenance $39,140
Personal Care & Service $39,560
Sales & Related $48,440
Office & Administrative Support $46,430
Farming, Fishing, & Forestry $44,180
Construction & Extraction $52,060
Installation, Maintenance, & Repair $55,160
Production $45,050
Transportation & Material Moving $41,800
Living Wage Calculator
       - Living Wage Calculation for Vermont (2024)
Top Articles
Latest Posts
Article information

Author: Reed Wilderman

Last Updated:

Views: 6458

Rating: 4.1 / 5 (52 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Reed Wilderman

Birthday: 1992-06-14

Address: 998 Estell Village, Lake Oscarberg, SD 48713-6877

Phone: +21813267449721

Job: Technology Engineer

Hobby: Swimming, Do it yourself, Beekeeping, Lapidary, Cosplaying, Hiking, Graffiti

Introduction: My name is Reed Wilderman, I am a faithful, bright, lucky, adventurous, lively, rich, vast person who loves writing and wants to share my knowledge and understanding with you.