Montpelier, OH vs Ravenna, OH

Montpelier is moderately more affordable than Ravenna, with a 8.9% lower cost of living index. Montpelier scores 64 compared to 70 for Ravenna, where the US average is 100. This difference means residents of Ravenna can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Montpelier is $758/month compared to $885/month in Ravenna — a 14% difference. Home values follow the same pattern: Montpelier is more affordable at $105,200 median vs $129,400.

Median household income in Montpelier is $48,720 compared to $52,368 in Ravenna (-7%). The higher salaries in Ravenna partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Montpelier spend roughly 18.7% of their income on rent, less than the 20.3% in Ravenna.