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DeWitt, AR vs Monticello, AR

62
DeWitt
Arkansas
VS
62
Monticello
Arkansas

DeWitt, AR and Monticello, AR have a very similar cost of living, with only a 0% difference in their overall index. DeWitt scores 62 while Monticello scores 62 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 DeWitt is $792/month compared to $676/month in Monticello — a 17% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, DeWitt actually has lower median home values ($85,800 vs $128,900).

Median household income in DeWitt is $48,221 compared to $27,998 in Monticello (+72.2%). DeWitt offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of DeWitt spend roughly 19.7% of their income on rent, less than the 29% in Monticello.

Income & Cost

Cost of Living Index
DeWitt
62
Monticello
62
Median Household Income
DeWitt
$48,221
42% higher
Monticello
$27,998

Housing

Median Rent
DeWitt
$792
Monticello
$676
15% cheaper
Median Home Value
DeWitt
$85,800
33% cheaper
Monticello
$128,900
Population
DeWitt
2,980
Monticello
8,320

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