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Granite, UT vs Monticello, UT

165
Granite
Utah
VS
+81%
91
Monticello
Utah

The cost of living difference between Granite, UT and Monticello, UT is dramatic. Monticello is 81% cheaper than Granite, a gap that translates to thousands of dollars per year in household expenses. Granite has a cost index of 165 while Monticello sits at 91, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Granite is $1,672/month compared to $1,065/month in Monticello — a 57% difference. Home values follow the same pattern: Monticello is more affordable at $307,900 median vs $978,500.

Median household income in Granite is $99,375 compared to $63,750 in Monticello (+55.9%). The higher salaries in Granite partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Granite spend roughly 20.2% of their income on rent, more than the 20% in Monticello.

Income & Cost

Cost of Living Index
Granite
165
Monticello
91
45% cheaper
Median Household Income
Granite
$99,375
36% higher
Monticello
$63,750

Housing

Median Rent
Granite
$1,672
Monticello
$1,065
36% cheaper
Median Home Value
Granite
$978,500
Monticello
$307,900
69% cheaper
Population
Granite
813
Monticello
1,941

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Granite $2.90
Monticello
US $3.07
🥚
Eggs (grade A, large)
Granite $2.37
Monticello
US $2.50
🥛
Milk (whole)
Granite $3.81
Monticello
US $4.03
🍞
Bread (white)
Granite $1.75
Monticello
US $1.85
🍗
Chicken breast
Granite $3.92
Monticello
US $4.14
Electricity
Granite $0.14
Monticello
US $0.19