Housing costs in Montpelier?
A typical home costs
$280,000, which is 17.2% less expensive than the national average of
$338,100 and 37.1% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Montpelier costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 36.6% cheaper than the state average of
$1,120.
Can I afford Montpelier?
To live comfortably in Montpelier (zip 83254), Idaho, a minimum annual income of
$53,640 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Montpelier?
The cost of living in 83254 Montpelier, ID is relatively low compared to other cities in the United States. The median home cost is $138,500, which is quite affordable compared to nearby larger cities. The average cost of living index for this area is 85.1, which means that it is 15% lower than the national average. The cost of food and groceries in this area are also considerably lower than most other areas, with housing being the major expense for residents of this area. In general, 83254 Montpelier, ID offers residents a comfortable lifestyle at an affordable price.