Cost of Living: Monticello, AR vs Starkville, MS

Housing

The housing market plays a significant role in determining the cost of living.

Metric Monticello Starkville
Housing Index 75.0 90.5
Median Home Price $155,000 $171,000
Average Rent (2 BR Apartment) $800 $900
Average Rent (2 BR House) $801.6 $920

Housing Comparison: Monticello vs Starkville

  • The median home price in Starkville is higher at $171,000, compared to $155,000 in Monticello.
  • In Starkville, the rental for a two-bedroom apartment stands at $900, while it is $800 in Monticello.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Monticello Starkville
Electricity Price $12.36 $13.42
Natural Gas Price $17.08 $22.19
Other Utilities $150 $200

Utilities Comparison: Monticello vs Starkville

  • Starkville has higher electricity costs at $13.42 per kWh, versus $12.36 in Monticello.
  • Starkville experiences higher natural gas costs at $22.19 per unit, with costs at $17.08 in Monticello.
  • Starkville has higher utility expenses, averaging $200, while Monticello averages $150.