Housing costs in Monticello?
A typical home costs
$117,600, which is 65.2% less expensive than the national average of
$338,100 and 24.3% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Monticello costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 8.5% cheaper than the state average of
$890.
Can I afford Monticello?
To live comfortably in Monticello (zip 39654), Mississippi, a minimum annual income of
$22,680 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Monticello?
The cost of living in Monticello, MS (39654) is quite affordable. The median home value is around $72,100 and the median rent price is around $581 per month. The overall cost of living index for the city is 7.9%, which is lower than the national average. This means that people who live in Monticello are able to stretch their dollars farther than other areas in the U.S., making it a great place to live for people on a budget. Additionally, there are many amenities and services such as shopping centers and restaurants that are within walking distance of most homes, making this an ideal location for those looking for convenience while staying within their budget.