Housing costs in Monticello?
A typical home costs
$181,200, which is 46.4% less expensive than the national average of
$338,100 and 7.0% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Monticello costs
$780 per month, which is 16.1% cheaper than the national average of
$930 and 15.4% cheaper than the state average of
$900.
Can I afford Monticello?
To live comfortably in Monticello (zip 52310), Iowa, a minimum annual income of
$34,560 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Monticello?
The cost of living in 52310 Monticello, IA is relatively low compared to larger cities, making it an excellent choice for families looking for a more affordable lifestyle. According to the Cost of Living Index, Monticello's overall index is 85.6, which is lower than the U.S. average of 100. Housing expenses make up a large portion of the cost of living in Monticello and are also very affordable. The median home value in the city is $124,300 which is much lower than the national median at $231,200. Other costs such as utilities, groceries and health care also remain well below the national averages making Monticello an attractive place to live on a budget.