Gilmore City, IA vs Montpelier, IA

The cost of living difference between Gilmore City, IA and Montpelier, IA is dramatic. Gilmore City is 36.5% cheaper than Montpelier, a gap that translates to thousands of dollars per year in household expenses. Gilmore City has a cost index of 58 while Montpelier sits at 92, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Gilmore City are $82,700 compared to $253,500 in Montpelier, a 67% gap.

Median household income in Gilmore City is $51,250 compared to $69,186 in Montpelier (-25.9%). The higher salaries in Montpelier partially offset the cost difference, but don't fully close the gap.