Monticello is located in Iowa and has an overall cost of living that is -15% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Monticello.

Housing: Median rent in Monticello is $912.83 / month, and the median home price is $304,160. Housing costs are -43% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($3.99), milk ($4.62), and eggs ($4.56) reflect the local grocery landscape. Overall grocery costs are -3% vs the national average.

Healthcare: Medical costs include doctor visits ($153.21), dentist visits ($123.08), and prescription drugs ($22.18). These costs should be factored into your monthly budget when planning a move.

Iowa has a state income tax rate of 5.7%, which affects take-home pay for Monticello residents.

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Monticello, Iowa Cost of Living FAQ

Common questions about living costs in Monticello.

Monticello, Iowa has an overall cost of living that is -15% the national average. Housing costs are -43% vs the national average. Grocery prices are -3% vs average. Utilities are +3% vs average. This makes Monticello a very affordable place to live.

The median rent in Monticello, Iowa is $912.83 / month. Average energy bills run $226.51 / month. Phone bills average $202.08 / month. Housing is typically the largest expense for residents.

Healthcare costs in Monticello: doctor's visit averages $153.21, dentist visit averages $123.08, prescription drugs average $22.18. Overall healthcare expenses in the area are influenced by the -3% grocery cost difference.

Monticello is one of 171 cities tracked in Iowa. With an overall cost -15% vs the national average, it is more affordable than many other cities in the state. Visit our Iowa state page to compare all cities side-by-side and find the best fit for your budget.

Monticello offers cost of living -15% compared to the national average. Key factors to consider: median home price of $304,160, rent of $912.83 / month, and a state income tax of 5.7% in Iowa. Explore our detailed cost breakdown above to see if Monticello fits your budget.