Flora, IN vs Monticello, IN

Flora, IN and Monticello, IN have a very similar cost of living, with only a 3.2% difference in their overall index. Flora scores 66 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 Flora is $749/month compared to $860/month in Monticello — a 13% difference. Interestingly, home values tell a different story: while Flora has cheaper rent, Monticello actually has lower median home values ($122,200 vs $136,700).

Median household income in Flora is $61,458 compared to $50,138 in Monticello (+22.6%). Flora offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Flora spend roughly 14.6% of their income on rent, less than the 20.6% in Monticello.