Crawfordsville, IN vs Monticello, IN

Crawfordsville, IN and Monticello, IN have a very similar cost of living, with only a 1.8% difference in their overall index. Crawfordsville scores 69 while Monticello scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Crawfordsville is $831/month compared to $860/month in Monticello — a 3% difference. Interestingly, home values tell a different story: while Crawfordsville has cheaper rent, Monticello actually has lower median home values ($122,200 vs $134,100).

Median household income in Crawfordsville is $49,327 compared to $50,138 in Monticello (-1.6%). 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 Crawfordsville spend roughly 20.2% of their income on rent, less than the 20.6% in Monticello.