salaryRent is higher than in 53% of U.S. cities. A typical house costs about 4.3 years of household income. Commutes are short, about 18.1 minutes. It is a highly educated city: 66.1% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $68,160 a year. That is $33 an hour at a full-time job.
Is rent cheaper than other Vermont cities?
No. Rent here is more expensive than in most of Vermont. It is number 8 of 13 cities from cheapest to most expensive.
How much do households earn in Montpelier?
Share of households by yearly income. 30.5% of households earn $100,000 or more.
Rent by apartment size in Montpelier
| Size | Montpelier | U.S. average |
|---|---|---|
| Studio | $936 | $1,338 |
| 1 bedroom | $1,118 | $1,324 |
| 2 bedrooms | $1,762 | $1,509 |
| 3 bedrooms | $1,624 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Montpelier overall?
Everyday prices in Vermont overall are 2% below the U.S. average (index 98.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Montpelier, so the Vermont figure is shown.
Taxes and bills in Montpelier
Life in Montpelier
Is it cheaper to rent or buy in Montpelier?
Renting is cheaper right now: about $899 a month less.
Owning assumes a typical $375,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $37,510 for the down payment.
Frequently asked questions
What is the average rent in Montpelier, VT?
Renting in Montpelier costs a median of about $1,704 a month in 2026, including utilities. The Vermont median is $1,655.
How much do I need to make to live in Montpelier?
To keep rent under 30% of income, you need about $68,160 a year, or $33 an hour at a full-time job.
Is Montpelier cheap or expensive?
Montpelier is rated OK: rent takes 23.4% of the typical household income of $87,391. It ranks 8th cheapest of 13 Vermont cities we track.
How much are property taxes in Montpelier?
The median homeowner in Montpelier pays $6,936 a year in property taxes, about 1.85% of the median home value.
Is Montpelier more expensive than the national average?
Overall prices in Vermont are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Montpelier?
The median home value in Montpelier is $375,100, about 4.3 times the typical yearly household income.
8,014 people live in Montpelier. Numbers are typical (middle) values.