Housing costs in Montpelier?
A typical home costs
$117,800, which is 65.2% less expensive than the national average of
$338,100 and 40.2% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Montpelier costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 25.6% cheaper than the state average of
$980.
Can I afford Montpelier?
To live comfortably in Montpelier (zip 43543), Ohio, a minimum annual income of
$22,680 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Montpelier?
The cost of living in 43543 Montpelier, OH is quite reasonable. According to the US Bureau of Labor Statistics, the median household income for this zip code area is just over $44,000. The estimated cost of groceries, housing, and other expenses for a family of four is slightly below the national average at around $52,500. This makes it quite affordable for those looking to relocate to this area. In addition to these relatively low expenses, there are also numerous job opportunities available in the local area and many businesses that provide goods and services at competitive prices.