Monticello, IN vs West Terre Haute, IN

There is a significant gap in the cost of living between these two cities. West Terre Haute is 15.3% cheaper than Monticello. With a cost index of 59 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from West Terre Haute to Monticello should plan for substantially higher expenses across most categories.

On the housing front, median rent in Monticello is $860/month compared to $733/month in West Terre Haute — a 17% difference. Home values follow the same pattern: West Terre Haute is more affordable at $72,300 median vs $122,200.

Median household income in Monticello is $50,138 compared to $49,770 in West Terre Haute (+0.7%). Monticello does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Monticello spend roughly 20.6% of their income on rent, more than the 17.7% in West Terre Haute.