Glencoe, MN vs Monticello, MN

There is a significant gap in the cost of living between these two cities. Glencoe is 25.6% cheaper than Monticello. With a cost index of 78 vs 105, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Glencoe to Monticello should plan for substantially higher expenses across most categories.

On the housing front, median rent in Glencoe is $901/month compared to $1,462/month in Monticello — a 38% difference. Home values follow the same pattern: Glencoe is more affordable at $213,100 median vs $298,400.

Median household income in Glencoe is $63,967 compared to $81,563 in Monticello (-21.6%). The higher salaries in Monticello partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Glencoe spend roughly 16.9% of their income on rent, less than the 21.5% in Monticello.

Climate-wise, Glencoe is notably warmer with an average of 46.7°F compared to 42.9°F in Monticello. Glencoe receives more rainfall at 30.6" per year compared to 28.5" in Monticello.