Housing costs in Monticello?
A typical home costs
$207,200, which is 38.7% less expensive than the national average of
$338,100 and 49.9% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Monticello costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 100.0% cheaper than the state average of
$1,960.
Can I afford Monticello?
To live comfortably in Monticello, New York, a minimum annual income of
$39,600 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Monticello?
The cost of living in Monticello, NY is relatively affordable. The average house price in the city is lower than the national average and there are many affordable rental options available. The cost of food and other basic necessities is also quite reasonable when compared to other cities in the region. Local taxes are low and utilities remain relatively inexpensive due to the area's abundance of natural resources, making living in Monticello more affordable than other parts of New York.