oxymoron -
I'm happy to report you've heard wrong
The Average sale price of a Single Family Home in February of 07 in Chittenden County, was $321,649.
And there are presently 187 Single Family Homes on the market offered for LESS than that.
The average sale price of a condo/townhouse in Chittenden County in February of 07, was $228,881. There are 124 on the market right now offered for LESS than that amount.
Yes - the cost of living is higher. And yes - Teachers can have a very nice life here, I know a few dozen. You'll want to enjoy having at least 4 seasons, and you'll have to adapt to slower drivers and less traffic and crime, I'm guessing.
Have a look at the rest of the VT posts. You'll find there's a lot of information in there, and a stark difference of opinions about VT in general. I'd be pretty unhappy most other places, but it's not for everybody.
Holler if I can help,
David