Housing costs in Montpelier?
A typical home costs
$264,600, which is 21.7% less expensive than the national average of
$338,100 and 40.5% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Montpelier costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 38.3% cheaper than the state average of
$1,120.
Can I afford Montpelier?
To live comfortably in Montpelier, Idaho, a minimum annual income of
$50,760 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Montpelier?
The cost of living in Montpelier, ID is quite affordable. The cost of housing is much lower than the national average, making it a great choice for those looking to save money on their monthly living expenses. Groceries and utilities are also relatively inexpensive in Montpelier, with the median grocery bill for a family of four coming in at about $500 per month. Along with its low cost of living, Montpelier also offers a high quality of life with its many outdoor activities and excellent public school system.