Housing costs in Montpelier?
A typical home costs
$241,600, which is 28.5% less expensive than the national average of
$338,100 and 1.0% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Montpelier costs
$940 per month, which is 34.3% more than the national average of
$1,430 and 9.6% more than the state average of
$1,030.
Can I afford Montpelier?
To live comfortably in Montpelier, Wisconsin, a minimum annual income of
$46,440 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Montpelier?
The cost of living in Montpelier, WI is very affordable. According to BestPlaces, the cost of living in this city is 8% lower than the Wisconsin average and 15% lower than the national average. The median home price is about $155,400 making it an affordable option for those looking to buy a property. Other costs such as groceries, utilities, and transportation remain very low, making Montpelier a great place to live for those on a budget. Additionally, the unemployment rate in Montpelier is lower than both the state and national averages which means citizens have access to plentiful job opportunities as well.