Housing costs in Monticello?
A typical home costs
$132,900, which is 60.7% less expensive than the national average of
$338,100 and 31.6% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Monticello costs
$680 per month, which is 52.4% cheaper than the national average of
$1,430 and 35.3% cheaper than the state average of
$920.
Can I afford Monticello?
To live comfortably in Monticello, Kentucky, a minimum annual income of
$25,560 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Monticello?
The cost of living in Monticello, KY is very reasonable. The median household income is just over $30,000, and the average cost of living is 8.4% lower than the national average. Housing costs are extremely affordable in Monticello, with an average two-bedroom apartment renting for just over $600 per month. Other day-to-day expenses such as food and utilities are also very low. With its low cost of living and relaxed lifestyle, Monticello is an ideal location for those looking to stretch their dollar while still enjoying a high quality of life.