Cost of Living in Vermont

According to 2021 data from the Bureau of Economic Analysis, the annual average cost of living in Vermont is $50,761.

• • • Housing and Utilities: $9,544
    • Healthcare: $8,859
    • Food and Beverage (non-restaurant): $4,443
    • Gas and Energy: $1,270
    • All Other Personal Expenses: $26,645

Average Base Salaries in Vermont

The average salary in Vermont is $59,190. Below are average salaries for medical professionals based on data from Indeed in 2024.

• • • Physicians: $148,202
    • Dentists: $215,101
    • Veterinarians: $128,808
    • Nurses: $109,099
    • Anesthesiologists: $242,614
    • Surgeons: $374,169
    • Cardiologists: $165,530
    • Radiologists: $146,615
    • Psychiatrists: $121,680
    • Pediatricians: $215,011
    • Oncologists: $285,626
    • Urologists: $420,847
    • OBGYN Physicians: $133,826
    • Dermatologists: $251,751

Key Considerations for Vermont Physicians

Physicians face unique risks that make disability insurance a critical consideration. Here are a few key reasons why this coverage is indispensable:

1. High Income Protection: As a high-earning professional, your financial commitments are significant. Disability insurance safeguards your income, ensuring that you can maintain your lifestyle and meet your obligations even if you cannot work.
2. Occupational Hazards: The physical demands and precision required in surgery increase the risk of conditions that could impair your ability to perform.
3. Specialized Coverage: Physicians often require policies with specific provisions that cater to the unique aspects of their work, such as “own-occupation” coverage, which ensures you receive benefits if you can’t perform your surgical duties, even if you can work in another capacity.