Ivey, GA vs Monticello, GA

Ivey, GA and Monticello, GA have a very similar cost of living, with only a 1% difference in their overall index. Ivey scores 80 while Monticello scores 79 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.

Renters will find that Ivey has a median rent of $767/month while Monticello comes in at $1,003/month, a 24% difference.

Median household income in Ivey is $33,864 compared to $45,625 in Monticello (-25.8%). 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 Ivey spend roughly 27.2% of their income on rent, more than the 26.4% in Monticello.