Edmonton, KY vs Monticello, KY

Edmonton is moderately more affordable than Monticello, with a 8.4% lower cost of living index. Edmonton scores 58 compared to 63 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 Edmonton is $584/month compared to $679/month in Monticello — a 14% difference. Home values follow the same pattern: Edmonton is more affordable at $96,200 median vs $125,800.

Median household income in Edmonton is $48,583 compared to $37,733 in Monticello (+28.8%). Edmonton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edmonton spend roughly 14.4% of their income on rent, less than the 21.6% in Monticello.