Carbon Cliff, IL vs Monticello, IL

Carbon Cliff is moderately more affordable than Monticello, with a 10.3% lower cost of living index. Carbon Cliff scores 71 compared to 79 for Monticello, where the US average is 100. This difference means residents of Monticello can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carbon Cliff is $972/month compared to $1,030/month in Monticello — a 6% difference. Home values follow the same pattern: Carbon Cliff is more affordable at $124,600 median vs $196,000.

Median household income in Carbon Cliff is $55,000 compared to $88,611 in Monticello (-37.9%). While Monticello is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carbon Cliff spend roughly 21.2% of their income on rent, more than the 13.9% in Monticello.