Montpelier cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMontpelierLouisianaNational
Cost of living index7791100
IndexMontpelierLouisianaNational
Goods & Services index9797100
Groceries index9697100
Health care index9995100
Housing index3282100
Transportation index9294100
Utilities index9888100

Did you know?

  • The cost of living in Montpelier is 15% lower than the Louisiana average.
  • The cost of living in Montpelier is 23% lower than the national average.
  • The cost of housing in Montpelier is 68% lower than the national average.
  • Louisiana general sales tax is 21% lower than the national average.
  • Louisiana state income tax is 10% lower than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$29,167$2,431$681$875
Renters$41,250$3,438$962$1,238

Louisiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Louisiana4%11%

Louisiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Louisiana2%6%

Goods & Services

ItemMontpelierNational avg.Difference
Haircut $13.75$14.595.8%
Beauty Salon $37.17$34.687.2%
Toothpaste $2.28$2.477.8%
Shampoo $1.08$1.025.7%
Movie $10.50$9.876.4%
Bowling $3.95$4.3910.1%

Groceries

ItemMontpelierNational avg.Difference
Ground Beef $4.37$4.482.4%
Fried Chicken $1.29$1.4611.9%
Milk $2.61$2.3610.7%
Potatoes $2.98$3.062.7%
Pizza $8.49$9.248.1%
Beer $7.96$8.637.8%

Health Care

ItemMontpelierNational avg.Difference
Optometrist $97.00$99.782.8%
Doctor $96.50$105.038.1%
Dentist $86.00$88.703.0%
Ibuprofen $10.44$9.4110.9%
Lipitor $314.93$298.505.5%

Housing

ItemMontpelierNational avg.Difference
Home Price $56,000.00$175,700.0068.1%
Avg. Mortgage Payment $802.76$1,081.0325.7%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemMontpelierNational avg.Difference
Gasoline $1.95$2.096.9%
Tire Balancing $39.92$45.2911.8%

Utilities

ItemMontpelierNational avg.Difference
All Electricity$154.94$170.809.3%
Phone $30.76$28.268.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Tangipahoa, LA51778-22%
Roseland, LA1,05982-18%
Greensburg, LA65082-18%
Amite City, LA4,23484-16%
Tickfaw, LA79085-15%
Montpelier, LA24977-23%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Marble, NC24981-19%
Ostrander, MN24982-18%
Bosworth, MO24977-23%
Rosedale, NM24996-4%
Fowlerville, NY24995-5%
Montpelier, LA24977-23%
Source: The Montpelier, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.