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Glasgow, MO vs Monticello, MO

54
Glasgow
Missouri
VS
-20.8%
68
Monticello
Missouri

There is a significant gap in the cost of living between these two cities. Glasgow is 20.8% cheaper than Monticello. With a cost index of 54 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Glasgow to Monticello should plan for substantially higher expenses across most categories.

On the housing front, median rent in Glasgow is $445/month compared to $917/month in Monticello — a 52% difference. Interestingly, home values tell a different story: while Glasgow has cheaper rent, Monticello actually has lower median home values ($104,700 vs $115,400).

Median household income in Glasgow is $45,703 compared to $102,750 in Monticello (-55.5%). 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 Glasgow spend roughly 11.7% of their income on rent, more than the 10.7% in Monticello.

Income & Cost

Cost of Living Index
Glasgow
54
21% cheaper
Monticello
68
Median Household Income
Glasgow
$45,703
Monticello
$102,750
56% higher

Housing

Median Rent
Glasgow
$445
51% cheaper
Monticello
$917
Median Home Value
Glasgow
$115,400
Monticello
$104,700
9% cheaper
Population
Glasgow
1,054
Monticello
358

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Glasgow $2.96
Monticello
US $3.07
🥚
Eggs (grade A, large)
Glasgow $2.42
Monticello
US $2.50
🥛
Milk (whole)
Glasgow $3.89
Monticello
US $4.03
🍞
Bread (white)
Glasgow $1.79
Monticello
US $1.85
🍗
Chicken breast
Glasgow $4.00
Monticello
US $4.14
Electricity
Glasgow $0.17
Monticello
US $0.19