Monticello, AR vs Piggott, AR

Monticello, AR and Piggott, AR have a very similar cost of living, with only a 1.8% difference in their overall index. Monticello scores 62 while Piggott scores 63 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 Monticello is $676/month compared to $760/month in Piggott — a 11% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, Piggott actually has lower median home values ($111,900 vs $128,900).

Median household income in Monticello is $27,998 compared to $49,306 in Piggott (-43.2%). While Piggott is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Monticello spend roughly 29% of their income on rent, more than the 18.5% in Piggott.