Cost of Living in Monticello, UT
Housing
The housing market plays a significant role in determining the cost of living in Monticello, UT.
- Housing Index: Data is updating
- Median Home Price is: $314,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Monticello, UT, it's vital to note that the median home price stands at 314000, a key factor for homebuyers. However, the housing index currently at 0.0 suggests an unclear market condition, which could indicate either obstacles or emerging opportunities. The lack of data on average rent for a 2-bedroom apartment and house, priced at 0.0 and 0.0 respectively, adds uncertainty regarding rental affordability. For potential residents, a deeper investigation into local amenities, schools, and future development plans can aid in making an informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Monticello, UT.
- Electricity Price: $11.5 USD (median by state)
- Natural Gas Price: $14 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Monticello, UT could entail higher utility costs. Electricity costs sit at $11.5, while natural gas is priced at $14 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Monticello is a financially viable option for your relocation.