Cost of Living in Monticello, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.0
100 = national avg
-8.0 vs national average
Living Wage (1 Adult)
$40,501
per year
Living Wage (Family of 4)
$95,729
per year
Cost Index by Category
Housing111.5
Food86.3
Transportation72.6
Healthcare89.0
Utilities94.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,070
per month
2 Bedroom
$1,302
per month
The overall cost of living index in Monticello is 92.0, which is 8.0% below the national average. Housing costs are above the national average at an index of 111.5. A single adult needs to earn approximately $40,501 per year to cover basic expenses.