Montpelier, IN vs Sullivan, IN

Montpelier is moderately more affordable than Sullivan, with a 10.6% lower cost of living index. Montpelier scores 57 compared to 64 for Sullivan, where the US average is 100. This difference means residents of Sullivan can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Montpelier is $649/month compared to $836/month in Sullivan — a 22% difference. Home values follow the same pattern: Montpelier is more affordable at $77,100 median vs $97,000.

Median household income in Montpelier is $42,833 compared to $44,313 in Sullivan (-3.3%). Sullivan 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 Montpelier spend roughly 18.2% of their income on rent, less than the 22.6% in Sullivan.