Huntsville, AR vs Monticello, AR
Huntsville, AR and Monticello, AR have a very similar cost of living, with only a 0.2% difference in their overall index. Huntsville scores 62 while Monticello scores 62 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 Huntsville is $591/month compared to $676/month in Monticello — a 13% difference. Interestingly, home values tell a different story: while Huntsville has cheaper rent, Monticello actually has lower median home values ($128,900 vs $146,300).
Median household income in Huntsville is $52,472 compared to $27,998 in Monticello (+87.4%). Huntsville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Huntsville spend roughly 13.5% of their income on rent, less than the 29% in Monticello.
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