Monticello, IN vs Williamsport, IN

Monticello, IN and Williamsport, IN have a very similar cost of living, with only a 2.2% difference in their overall index. Monticello scores 68 while Williamsport scores 67 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 $783/month in Williamsport — a 10% difference. Interestingly, home values tell a different story: while Williamsport has cheaper rent, Monticello actually has lower median home values ($122,200 vs $132,500).

Median household income in Monticello is $50,138 compared to $56,875 in Williamsport (-11.8%). Williamsport offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Monticello spend roughly 20.6% of their income on rent, more than the 16.5% in Williamsport.