Montpelier (zip 05602), Vermont gets a BestPlaces Cost of Living index of 98.9, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 1.1 percent lower than the U.S. average and 1.9 percent lower than the average for Vermont.
A typical home costs $359,500, which is 6.3 percent more expensive than the national average of $338,100 and 4.3 percent more expensive than the average Vermont home, at $344,600. Renting a two-bedroom unit in Montpelier costs $1,240 per month, which is 3.9 percent cheaper than the national average of $1,290 and close to the state average of $1,260.
To live comfortably in Montpelier (zip 05602), Vermont, a minimum annual income of $68,760 for a family, and $37,600 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Montpelier (zip 05602) is cheaper than the US average. A cost of living index above 100 means Montpelier (zip 05602), Vermont is more expensive.
Montpelier (zip 05602) cost of living is 98.9