Housing costs in Monticello?
A typical home costs
$116,300, which is 65.6% less expensive than the national average of
$338,100 and 25.1% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Monticello costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 6.0% cheaper than the state average of
$890.
Can I afford Monticello?
To live comfortably in Monticello, Mississippi, a minimum annual income of
$22,320 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Monticello?
The cost of living in Monticello, MS is relatively inexpensive compared to the national average. The cost of housing is particularly low, with the median home price being just over $70,000, allowing for plenty of affordable housing options. Groceries are also much cheaper than the national average, as well as utilities and transportation costs. Overall, residents can enjoy a high quality of life at a reasonably low cost in Monticello, MS.