Mathews, LA vs Monticello, LA

Mathews, LA and Monticello, LA have a very similar cost of living, with only a 0.1% difference in their overall index. Mathews scores 81 while Monticello scores 81 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 Mathews is $1,057/month compared to $1,178/month in Monticello — a 10% difference. Interestingly, home values tell a different story: while Mathews has cheaper rent, Monticello actually has lower median home values ($165,700 vs $218,800).

Median household income in Mathews is $83,405 compared to $62,106 in Monticello (+34.3%). Mathews offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Mathews spend roughly 15.2% of their income on rent, less than the 22.8% in Monticello.