Housing costs in Monticello?
A typical home costs
$175,600, which is 48.1% less expensive than the national average of
$338,100 and 5.0% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Monticello costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 3.1% cheaper than the state average of
$1,000.
Can I afford Monticello?
To live comfortably in Monticello, Louisiana, a minimum annual income of
$33,480 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Monticello?
The cost of living in Monticello, LA is relatively low compared to other cities across the country. The median home value in Monticello has been reported to be around $87,000, which is significantly lower than the national median home value of $184,700. The median household income for Monticello is also reasonable at around $33,750 and the average monthly rent for a one bedroom apartment is only about $480. Additionally, utilities are well below the national average which makes it an attractive place to live. All in all, the cost of living in Monticello is quite affordable and offers its residents a great quality of life.