What is a pro or con of living in Lake Monticello, Virginiacompared to Chelsea, Michigan?

Median Home Cost is 15% cheaper in Lake Monticello.

What salary do I need to live in Lake Monticello, Virginia copmared to Chelsea, Michigan?

A salary of $50,000 in Chelsea, Michigan could decrease to $45,723 in Lake Monticello, Virginia (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

CHELSEA vs. LAKE MONTICELLO
Cost of Living Comparison

Chelsea, Michigan vs. Lake Monticello, Virginia

Cost of Living Comparison

The cost of living in Lake Monticello, Virginia is 8.6% cheaper than Chelsea, Michigan.

You would need a salary of $45,723 in Lake Monticello, Virginia to maintain the standard of living you have in Chelsea, Michigan.

Comparison highlights

• Overall, Lake Monticello, Virginia is cheaper than Chelsea, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
15% cheaper in Lake Monticello
than in Chelsea, Michigan

Chelsea, MI vs. Lake Monticello, VA

Compared to Chelsea, Lake Monticello is:

Homeowner

No Child Care, Taxes not Considered

8.6% lower

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

1.5% lower

Housing (Homeowner)

25.4% lower

Housing (Rent)

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Median Home Cost

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Utilities

3.0% higher

Commute

10.3% lower

Health

31.5% higher

Taxes

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Childcare

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Personal

6.2% higher

Cost of Food

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Chelsea, Michigan vs. Lake Monticello, Virginia

Cost of Living Comparison

Comparison highlights

Chelsea, MI vs. Lake Monticello, VA

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