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Gibsland, LA vs Montpelier, LA

55
Gibsland
Louisiana
VS
-18.4%
68
Montpelier
Louisiana

There is a significant gap in the cost of living between these two cities. Gibsland is 18.4% cheaper than Montpelier. With a cost index of 55 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gibsland to Montpelier should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gibsland is $545/month compared to $925/month in Montpelier — a 41% difference. Home values follow the same pattern: Gibsland is more affordable at $92,400 median vs $107,300.

Median household income in Gibsland is $20,915 compared to $33,173 in Montpelier (-37%). While Montpelier is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gibsland spend roughly 31.3% of their income on rent, less than the 33.5% in Montpelier. The Gibsland ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Gibsland
55
18% cheaper
Montpelier
68
Median Household Income
Gibsland
$20,915
Montpelier
$33,173
37% higher

Housing

Median Rent
Gibsland
$545
41% cheaper
Montpelier
$925
Median Home Value
Gibsland
$92,400
14% cheaper
Montpelier
$107,300
Population
Gibsland
783
Montpelier
289

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Gibsland
Montpelier $2.85
US $3.07
🥚
Eggs (grade A, large)
Gibsland
Montpelier $2.33
US $2.50
🥛
Milk (whole)
Gibsland
Montpelier $3.74
US $4.03
🍞
Bread (white)
Gibsland
Montpelier $1.72
US $1.85
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Chicken breast
Gibsland
Montpelier $3.85
US $4.14
Electricity
Gibsland
Montpelier $0.14
US $0.19