Highlandville, MO vs Monticello, MO

Highlandville, MO and Monticello, MO have a very similar cost of living, with only a 2.7% difference in their overall index. Highlandville scores 70 while Monticello scores 68 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 Highlandville is $800/month compared to $917/month in Monticello — a 13% difference. Interestingly, home values tell a different story: while Highlandville has cheaper rent, Monticello actually has lower median home values ($104,700 vs $180,400).

Median household income in Highlandville is $58,438 compared to $102,750 in Monticello (-43.1%). 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 Highlandville spend roughly 16.4% of their income on rent, more than the 10.7% in Monticello.