Alsip, IL vs Monticello, IL

Monticello is moderately more affordable than Alsip, with a 9.3% lower cost of living index. Alsip scores 86 compared to 79 for Monticello, where the US average is 100. This difference means residents of Alsip can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alsip is $1,102/month compared to $1,030/month in Monticello — a 7% difference. Home values follow the same pattern: Monticello is more affordable at $196,000 median vs $208,700.

Median household income in Alsip is $67,557 compared to $88,611 in Monticello (-23.8%). Monticello offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alsip spend roughly 19.6% of their income on rent, more than the 13.9% in Monticello.