Monticello, IN vs Vevay, IN

Monticello, IN and Vevay, IN have a very similar cost of living, with only a 4% difference in their overall index. Monticello scores 68 while Vevay 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 Monticello is $860/month compared to $753/month in Vevay — a 14% difference. Home values follow the same pattern: Vevay is more affordable at $122,100 median vs $122,200.

Median household income in Monticello is $50,138 compared to $47,014 in Vevay (+6.6%). 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 20.6% of their income on rent, more than the 19.2% in Vevay.