Cost of Living in Montpelier, OH
Population 3,916 · Ohio · Data vintage 2023
(100 = US avg)
Montpelier sits on the smaller end of the Ohio city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Geographically, Montpelier is about 45 miles northeast of Fort Wayne, the nearest large metro. Median home values run roughly 38% lower than Fort Wayne's $170,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Montpelier
The median home value in Montpelier is $105,200 — 66% below the national median of $305,000. Median rent runs $758/month, 42% lower than the national median of $1,314/month. The median household income of $48,720/year is 35% lower than the US median of $74,580. The local unemployment rate is 4.9%, above the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. Overall, Montpelier has a cost of living index of 44 versus the US average of 100, meaning it is 56% less expensive.
Montpelier has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Montpelier, OH?
Montpelier has a cost index of 44 (100 = national average). It is 56% below the national average.
What is average rent in Montpelier, OH?
The median gross rent in Montpelier is $758 per month based on 2023 Census data.
What is the average home price in Montpelier?
The median home value in Montpelier is $105,200 according to Zillow and Census data.
What is the median income in Montpelier?
The median household income in Montpelier is $48,720 per year (2023 ACS 5-year estimates).
What is the sales tax in Montpelier, OH?
The combined state and local sales tax rate in Montpelier is 7.2%. The Ohio state income tax top rate is 3.8%.
Is Montpelier, OH affordable?
Yes, Montpelier is generally considered affordable, with a cost of living index of 44 — about 56% below the US national average of 100.
Montpelier at a Glance
- Population
- 3,916
- Median Income
- $48,720
- Home Value
- $105,200
- Median Rent
- $758/mo
- Unemployment
- 4.9%
- Sales Tax
- 7.2%
Nearby Cities
Explore county-level cost of living data
Ohio Rankings
Similar Cost Cities
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