Kingsley, IA vs Monticello, IA
Kingsley, IA and Monticello, IA have a very similar cost of living, with only a 2% difference in their overall index. Kingsley scores 66 while Monticello scores 65 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 Kingsley is $761/month compared to $659/month in Monticello — a 16% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, Kingsley actually has lower median home values ($146,200 vs $160,500).
Median household income in Kingsley is $73,103 compared to $67,788 in Monticello (+7.8%). While Kingsley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kingsley spend roughly 12.5% of their income on rent, more than the 11.7% in Monticello.
Climate-wise, both cities share similar average temperatures (48.4°F vs 47.2°F). Monticello receives more rainfall at 38.2" per year compared to 29.3" in Kingsley.
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