Montpelier, OH vs Urbana, OH
Montpelier is moderately more affordable than Urbana, with a 9.9% lower cost of living index. Montpelier scores 64 compared to 71 for Urbana, where the US average is 100. This difference means residents of Urbana 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 $911/month in Urbana — a 17% difference. Home values follow the same pattern: Montpelier is more affordable at $105,200 median vs $147,300.
Median household income in Montpelier is $48,720 compared to $66,768 in Urbana (-27%). While Urbana 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 16.4% in Urbana.
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