Cost of Living Calculator - Monticello, Indiana vs Richmond, Indiana


The cost of living in Richmond, Indiana is 14.5% cheaper than Monticello, Indiana.

You would need a salary of $42,774 in Richmond, Indiana to maintain the standard of living you have in Monticello, Indiana.
Comparison highlights
• Overall, Richmond, Indiana is cheaper than Monticello, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
30% cheaper in Richmond
than in Monticello, Indiana
Monticello, IN vs Richmond, IN
Compared to Monticello, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  14.5% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.8% lower
  Housing (Homeowner)
  36.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.6% lower
  Commute
  5.0% lower
  Health
  4.4% higher
  Taxes
  Childcare
  Personal
  12.2% lower

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