Monticello, FL vs Quincy, FL

Monticello, FL and Quincy, FL have a very similar cost of living, with only a 0.9% difference in their overall index. Monticello scores 73 while Quincy scores 73 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 $797/month compared to $1,022/month in Quincy — a 22% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, Quincy actually has lower median home values ($101,700 vs $192,500).

Median household income in Monticello is $44,920 compared to $34,126 in Quincy (+31.6%). While Monticello 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 21.3% of their income on rent, less than the 35.9% in Quincy. The Monticello ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, both cities share similar average temperatures (68.5°F vs 68.5°F). Quincy receives more rainfall at 58.8" per year compared to 58.8" in Monticello.