Housing costs in Monticello?
A typical home costs
$126,700, which is 62.5% less expensive than the national average of
$338,100 and 34.8% 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 (zip 42633), Kentucky, a minimum annual income of
$24,120 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Monticello?
The cost of living in 42633 Monticello, KY is fairly low compared to the average for the United States. According to the most recent data, the overall cost of living index in this area is 81.4, which is 19.6% lower than the national average. Housing costs are especially low with an index of only 65.9 compared to the US average of 100. Utilities, groceries and transportation are also significantly cheaper than other parts of the country. This makes 42633 a great choice for those looking to save money while still having access to all necessary amenities and services.