Cost of Living in Montpelier, ND
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.2
100 = national avg
-18.8 vs national average
Living Wage (1 Adult)
$35,742
per year
Living Wage (Family of 4)
$84,480
per year
Cost Index by Category
Housing37.9
Food104.7
Transportation109.5
Healthcare103.8
Utilities90.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$680
per month
2 Bedroom
$873
per month
The overall cost of living index in Montpelier is 81.2, which is 18.8% below the national average. Housing costs are below the national average at an index of 37.9. A single adult needs to earn approximately $35,742 per year to cover basic expenses.