Monticello, MS vs Newton, MS
Monticello is moderately more affordable than Newton, with a 11.7% lower cost of living index. Monticello scores 53 compared to 60 for Newton, where the US average is 100. This difference means residents of Newton can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Monticello is $394/month compared to $709/month in Newton — a 44% difference. Interestingly, home values tell a different story: while Monticello has cheaper rent, Newton actually has lower median home values ($82,700 vs $114,200).
Median household income in Monticello is $28,920 compared to $34,286 in Newton (-15.7%). While Newton 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 16.3% of their income on rent, less than the 24.8% in Newton.
Climate-wise, Monticello is notably warmer with an average of 66.2°F compared to 63.2°F in Newton. Monticello receives more rainfall at 60.6" per year compared to 58.2" in Newton.
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Climate
NOAA 30-year normals (1991-2020)