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Monticello, MN vs Savage, MN

105
Monticello
Minnesota
VS
-10.5%
118
Savage
Minnesota

Monticello is moderately more affordable than Savage, with a 10.5% lower cost of living index. Monticello scores 105 compared to 118 for Savage, where the US average is 100. This difference means residents of Savage can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Monticello is $1,462/month compared to $1,608/month in Savage — a 9% difference. Home values follow the same pattern: Monticello is more affordable at $298,400 median vs $395,600.

Median household income in Monticello is $81,563 compared to $122,646 in Savage (-33.5%). While Savage 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 21.5% of their income on rent, more than the 15.7% in Savage.

Climate-wise, Savage is notably warmer with an average of 46.7°F compared to 42.9°F in Monticello. Savage receives more rainfall at 30.6" per year compared to 28.5" in Monticello.

Income & Cost

Cost of Living Index
Monticello
105
11% cheaper
Savage
118
Median Household Income
Monticello
$81,563
Savage
$122,646
33% higher

Housing

Median Rent
Monticello
$1,462
9% cheaper
Savage
$1,608
Median Home Value
Monticello
$298,400
25% cheaper
Savage
$395,600
Population
Monticello
14,607
Savage
32,706

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Monticello $3.20
Savage $3.20
US $3.07
🥚
Eggs (grade A, large)
Monticello $2.61
Savage $2.61
US $2.50
🥛
Milk (whole)
Monticello $4.21
Savage $4.21
US $4.03
🍞
Bread (white)
Monticello $1.93
Savage $1.93
US $1.85
🍗
Chicken breast
Monticello $4.33
Savage $4.33
US $4.14
Electricity
Monticello $0.17
Savage $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Monticello 42.9°F
Savage 46.7°F
Summer High
Monticello 82°F
Savage 84°F
Winter Low
Monticello 3°F
Savage 8°F
Rainfall
Monticello 28.5"
Savage 30.6"
Rainy Days
Monticello 111d
Savage 107d