Monticello, KY vs Shively, KY

Monticello is moderately more affordable than Shively, with a 9.6% lower cost of living index. Monticello scores 63 compared to 70 for Shively, where the US average is 100. This difference means residents of Shively can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Monticello is $679/month compared to $847/month in Shively — a 20% difference. Home values follow the same pattern: Monticello is more affordable at $125,800 median vs $139,200.

Median household income in Monticello is $37,733 compared to $46,522 in Shively (-18.9%). While Shively 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 21.6% of their income on rent, less than the 21.8% in Shively.