Housing costs in Monticello?
A typical home costs
$253,900, which is 24.9% less expensive than the national average of
$338,100 and 29.9% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Monticello costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 47.2% cheaper than the state average of
$1,560.
Can I afford Monticello?
To live comfortably in Monticello, Florida, a minimum annual income of
$48,600 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Monticello?
The cost of living in Monticello, FL is relatively low when compared to the US average. According to BestPlaces, the overall cost of living index for Monticello is 81.37, which is 19% lower than the national average. Housing costs are particularly low with an index score of 65.29, which is 35.71% lower than the national average. This makes it a great place for those looking to purchase property or rent an apartment without breaking the bank. Additionally, groceries and transportation costs are also significantly lower than most other places in the US, making living in Monticello a viable option no matter what your budget looks like.