Cost of Living in Monticello, AR
Overall index: 58 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 37 | -63% | $473 |
| Transportation | 108 | +8% | $3.50 |
| Food | 37 | -63% | $152 |
| Utilities | 69 | -31% | $67 |
| Healthcare | 69 | -31% | $48 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Monticello?
A single adult living comfortably in Monticello, AR needs approximately $20,300 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Monticello, AR?
The overall cost of living in Monticello, AR is 42% lower than the US national average (index: 58 where 100 = national average).
How much is rent in Monticello, AR?
Average rent for a 1-bedroom apartment in Monticello, AR is about $473/month.
Is Monticello, AR expensive to live in?
No, Monticello, AR is affordable (below national average).
What salary do I need to live in Monticello, AR?
A single adult needs roughly $20,300/year to cover basic living costs in Monticello, AR.