Housing costs in Monticello?
A typical home costs
$185,700, which is 45.1% less expensive than the national average of
$338,100 and 12.5% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Monticello costs
$760 per month, which is 20.0% cheaper than the national average of
$950 and 9.2% cheaper than the state average of
$830.
Can I afford Monticello?
To live comfortably in Monticello (zip 63457), Missouri, a minimum annual income of
$35,640 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Monticello?
The cost of living in 63457 Monticello, MO is relatively affordable. According to data from Sperling's Best Places, the cost of living index for the area is 81.3, which is 19.7% lower than the national average. Housing in particular tends to be inexpensive; the median home cost in Monticello is just $84,000 and can be found for even less if you are willing to look around for a good deal. Living expenses such as groceries, utilities, transportation, and healthcare costs are also much lower than those found in most other cities across the United States. All this makes Monticello an excellent place to settle down at an economical price.