Hiram, OH vs Montpelier, OH

There is a significant gap in the cost of living between these two cities. Montpelier is 24.3% cheaper than Hiram. With a cost index of 64 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Montpelier to Hiram should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hiram is $929/month compared to $758/month in Montpelier — a 23% difference. Home values follow the same pattern: Montpelier is more affordable at $105,200 median vs $225,900.

Median household income in Hiram is $93,199 compared to $48,720 in Montpelier (+91.3%). While Hiram is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hiram spend roughly 12% of their income on rent, less than the 18.7% in Montpelier.

Climate-wise, both cities share similar average temperatures (49.9°F vs 50°F). Hiram receives more rainfall at 41.2" per year compared to 33" in Montpelier.