Gravette, AR vs Monticello, AR

There is a significant gap in the cost of living between these two cities. Monticello is 26.8% cheaper than Gravette. With a cost index of 62 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monticello to Gravette should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gravette is $1,028/month compared to $676/month in Monticello — a 52% difference. Home values follow the same pattern: Monticello is more affordable at $128,900 median vs $189,100.

Median household income in Gravette is $65,014 compared to $27,998 in Monticello (+132.2%). While Gravette is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gravette spend roughly 19% of their income on rent, less than the 29% in Monticello.