Goshen, UT vs Monticello, UT

Goshen, UT and Monticello, UT have a very similar cost of living, with only a 1.3% difference in their overall index. Goshen scores 92 while Monticello scores 91 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 Goshen is $1,274/month compared to $1,065/month in Monticello — a 20% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, Goshen actually has lower median home values ($246,100 vs $307,900).

Median household income in Goshen is $93,529 compared to $63,750 in Monticello (+46.7%). While Goshen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goshen spend roughly 16.3% of their income on rent, less than the 20% in Monticello.