Greene, IA vs Monticello, IA

Monticello is moderately more affordable than Greene, with a 7.2% lower cost of living index. Greene scores 69 compared to 65 for Monticello, where the US average is 100. This difference means residents of Greene can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Greene is $898/month compared to $659/month in Monticello — a 36% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, Greene actually has lower median home values ($125,200 vs $160,500).

Median household income in Greene is $54,298 compared to $67,788 in Monticello (-19.9%). Monticello offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Greene spend roughly 19.8% of their income on rent, more than the 11.7% in Monticello.