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Monticello, MS vs Newton, MS

53
Monticello
Mississippi
VS
-11.7%
60
Newton
Mississippi

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.

Income & Cost

Cost of Living Index
Monticello
53
12% cheaper
Newton
60
Median Household Income
Monticello
$28,920
Newton
$34,286
16% higher

Housing

Median Rent
Monticello
$394
44% cheaper
Newton
$709
Median Home Value
Monticello
$114,200
Newton
$82,700
28% cheaper
Population
Monticello
1,277
Newton
3,151

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Monticello 66.2°F
Newton 63.2°F
Summer High
Monticello 91°F
Newton 90°F
Winter Low
Monticello 38°F
Newton 34°F
Rainfall
Monticello 60.6"
Newton 58.2"
Rainy Days
Monticello 121d
Newton 115d