Cost of Living in Monticello, WI
Housing
The housing market plays a significant role in determining the cost of living in Monticello, WI.
- Housing Index: 99.2 / 100
- Median Home Price is: $220,000
- Average Rent (2 BR Apartment): $1325 per month
- Average Rent (2 BR House): $1440 per month
In Monticello, WI, the housing market appears to be relatively affordable, with a housing index of 99.2, indicating it’s less competitive compared to the national average. The median home price sits at 220000, making homeownership more attainable. Renting options are modest as well, with average rent for a 2BR apartment at 1325 and a 2BR house at 1440. When considering housing, also factor in local amenities, schools, and overall living conditions to ensure a well-rounded decision for your move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Monticello, WI.
- Electricity Price: $17.6 USD (median by state)
- Natural Gas Price: $11.5 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $231 per month
Living in Monticello, WI could entail higher utility costs. Electricity costs sit at $17.6, while natural gas is priced at $11.5 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $231 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Monticello is a financially viable option for your relocation.