Startup Costs in Vermont

Data current as of May 2026

Vermont has a strong 'buy local' consumer culture that genuinely supports small, independent businesses over chains. Burlington is the primary market, with a food and craft economy that punches above its weight. The state's small population limits scale, and winter months reduce foot traffic significantly. Higher-than-average tax rates are the trade-off for a loyal consumer base.

Vermont (VT) by the Numbers

LLC Filing Fee
$155
Annual Report
$35
State Income Tax
8.75%
Sales Tax
6.00%
Min Wage
$14.42/hr
Cost of Living
1.08x
Labor Cost
1.00x
Rent Index
0.90x

What Vermont's Numbers Mean for Founders

  • State income tax tops out at 8.75%, one of the higher rates in the country.
  • Commercial rent is 10% below the national average, which gives you more square footage for your budget.
Capital: Montpelier
Major metros: Burlington, South Burlington, Rutland, Montpelier
Top industries: Tourism, Agriculture, Manufacturing, Technology

Vermont Cost Guides (10)