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Monticello, GA vs Shellman, GA

79
Monticello
Georgia
VS
+28.4%
62
Shellman
Georgia

There is a significant gap in the cost of living between these two cities. Shellman is 28.4% cheaper than Monticello. With a cost index of 62 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Shellman to Monticello should plan for substantially higher expenses across most categories.

On the housing front, median rent in Monticello is $1,003/month compared to $675/month in Shellman — a 49% difference. Home values follow the same pattern: Shellman is more affordable at $95,000 median vs $164,100.

Median household income in Monticello is $45,625 compared to $27,292 in Shellman (+67.2%). 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 26.4% of their income on rent, less than the 29.7% in Shellman.

Income & Cost

Cost of Living Index
Monticello
79
Shellman
62
22% cheaper
Median Household Income
Monticello
$45,625
40% higher
Shellman
$27,292

Housing

Median Rent
Monticello
$1,003
Shellman
$675
33% cheaper
Median Home Value
Monticello
$164,100
Shellman
$95,000
42% cheaper
Population
Monticello
2,668
Shellman
901

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Monticello $3.02
Shellman
US $3.07
🥚
Eggs (grade A, large)
Monticello $2.46
Shellman
US $2.50
🥛
Milk (whole)
Monticello $3.97
Shellman
US $4.03
🍞
Bread (white)
Monticello $1.82
Shellman
US $1.85
🍗
Chicken breast
Monticello $4.08
Shellman
US $4.14
Electricity
Monticello $0.18
Shellman
US $0.19