For many, homeownership is the cornerstone of the American Dream. As of January 2021, a typical single-family home in the United States costs $269,039. Of course, home values are not uniform across the country, and in some states, the typical home costs far more than the national average — while in others, homes cost far less.

According to estimates from Zillow, a Seattle-based real estate data company, the value of a typical single-family home in Vermont is $277,364, about 3% higher than the national average.

Housing prices are determined by supply and demand forces as well as what local residents are willing to pay — and that is influenced largely by what they can afford. As a result, areas with higher than average home values often also have higher-income residents. Vermont is an exception, however. The typical household in the state earns $63,001 annually, $2,700 less than the national median household income of $65,712.

Just as home values are higher than average in Vermont, the overall cost of living is too. The average cost of goods and services across the state are 3% more than they do nationwide, on average.

Across Vermont, home values are climbing at a relatively slow pace. The value of a single-family home across the state increased by 6.06% over the one year period from January 2020 to January 2021, 3.05 percentage points slower than the average national one-year home value appreciation of 9.12%.

State:	Value of a typical single-family home:	1-yr. increase in home value:	Median household income:
Hawaii	$683,470	4.7%	$83,102
California	$624,977	10.5%	$80,440
Massachusetts	$474,673	10.4%	$85,843
Washington	$470,304	12.7%	$78,687
Colorado	$442,766	8.6%	$77,127
Oregon	$402,573	10.0%	$67,058
Utah	$401,053	13.3%	$75,780
New Jersey	$376,866	10.6%	$85,751
New York	$350,545	7.7%	$72,108
Idaho	$348,483	18.9%	$60,999
Maryland	$341,148	8.5%	$86,738
Rhode Island	$340,811	11.9%	$71,169
Nevada	$332,501	8.6%	$63,276
New Hampshire	$330,976	12.4%	$77,933
Montana	$324,813	9.8%	$57,153
Arizona	$315,554	16.5%	$62,055
Virginia	$307,964	7.8%	$76,456
Alaska	$292,066	0.6%	$75,463
Connecticut	$288,822	11.5%	$78,833
Delaware	$284,787	9.6%	$70,176
Minnesota	$283,127	8.0%	$74,593
Vermont	$277,364	6.1%	$63,001
Maine	$276,023	12.3%	$58,924
Florida	$270,560	8.6%	$59,227
Wyoming	$262,517	3.6%	$65,003
North Dakota	$239,464	2.7%	$64,577
New Mexico	$229,947	11.0%	$51,945
North Carolina	$225,740	9.3%	$57,341
South Dakota	$225,662	5.7%	$59,533
Texas	$224,466	7.5%	$64,034
Georgia	$223,945	9.2%	$61,980
Illinois	$219,806	6.2%	$69,187
Pennsylvania	$215,939	9.6%	$63,463
Wisconsin	$213,537	9.6%	$64,168
Tennessee	$207,727	10.3%	$56,071
South Carolina	$206,647	7.9%	$56,227
Nebraska	$192,584	7.4%	$63,229
Michigan	$192,093	9.9%	$59,584
Missouri	$180,253	9.1%	$57,409
Louisiana	$178,987	4.5%	$51,073
Indiana	$172,769	9.3%	$57,603
Ohio	$168,226	10.4%	$58,642
Kansas	$167,540	8.1%	$62,087
Kentucky	$160,589	7.5%	$52,295
Iowa	$158,930	3.6%	$61,691
Alabama	$158,809	8.9%	$51,734
Arkansas	$142,070	6.7%	$48,952
Oklahoma	$141,933	7.2%	$54,449
Mississippi	$134,125	4.8%	$45,792
West Virginia	$113,626	4.7%	$48,850

This is How Much Home You Can Buy For 200K in Every State