Cost of Living in Monticello, WI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
106.4
100 = national avg
+6.4 vs national average
Living Wage (1 Adult)
$46,830
per year
Living Wage (Family of 4)
$110,689
per year
Cost Index by Category
Housing104.0
Food104.0
Transportation117.2
Healthcare103.2
Utilities103.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$840
per month
2 Bedroom
$1,097
per month
The overall cost of living index in Monticello is 106.4, which is 6.4% above the national average. Housing costs are above the national average at an index of 104.0. A single adult needs to earn approximately $46,830 per year to cover basic expenses.