Housing costs in Montpelier?
A typical home costs
$161,100, which is 52.4% less expensive than the national average of
$338,100 and 33.1% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Montpelier costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 9.5% cheaper than the state average of
$920.
Can I afford Montpelier?
To live comfortably in Montpelier, North Dakota, a minimum annual income of
$30,960 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Montpelier?
The cost of living in Montpelier, ND is relatively low compared to other cities in the United States. Residents can enjoy an affordable housing market with median home prices lower than the national average. Additionally, residents enjoy plenty of employment options due to the presence of several multinational companies that have a presence in the area. The general cost of goods and services are also lower than most other places in the country, making it an ideal location for people looking for a more affordable lifestyle.