Milton, VT vs Montpelier, VT

Montpelier is moderately more affordable than Milton, with a 11.1% lower cost of living index. Milton scores 110 compared to 99 for Montpelier, where the US average is 100. This difference means residents of Milton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milton is $1,643/month compared to $1,169/month in Montpelier — a 41% difference. Interestingly, home values tell a different story: while Montpelier has cheaper rent, Milton actually has lower median home values ($309,000 vs $349,200).

Median household income in Milton is $82,750 compared to $79,175 in Montpelier (+4.5%). Milton does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Milton spend roughly 23.8% of their income on rent, more than the 17.7% in Montpelier.