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Montpelier, OH vs Smithville, OH

64
Montpelier
Ohio
VS
-16.4%
76
Smithville
Ohio

There is a significant gap in the cost of living between these two cities. Montpelier is 16.4% cheaper than Smithville. With a cost index of 64 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Montpelier to Smithville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Montpelier is $758/month compared to $953/month in Smithville — a 21% difference. Home values follow the same pattern: Montpelier is more affordable at $105,200 median vs $186,000.

Median household income in Montpelier is $48,720 compared to $70,750 in Smithville (-31.1%). While Smithville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montpelier spend roughly 18.7% of their income on rent, more than the 16.2% in Smithville.

Income & Cost

Cost of Living Index
Montpelier
64
16% cheaper
Smithville
76
Median Household Income
Montpelier
$48,720
Smithville
$70,750
31% higher

Housing

Median Rent
Montpelier
$758
20% cheaper
Smithville
$953
Median Home Value
Montpelier
$105,200
43% cheaper
Smithville
$186,000
Population
Montpelier
3,916
Smithville
1,339

Salary Equivalency Calculator

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