City Dashboard
Monticello, IL
Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED
Cost Index
55
Very Affordable
Median Home Value
$196,000
National: $426,735
Median Rent
$1,030/mo
National: $1,527/mo
Household Income
$88,611
National: $84,532
Population
6,332
Purchasing Power
191
100 = national baseline
Cost of Living Breakdown
Housing Cost Index
46 / 100
100 = national average
Rent Index
67 / 100
Overall Index
55
Very Affordable
Monticello Mortgage Calculator
Pre-filled with the local median home value of $196,000 and Illinois's property tax rate of 2.07%.
Salary & Purchasing Power
Median household income is $88,611 — 5% above the national average.
What $88,611 in Monticello Gets You Elsewhere
Property Tax in Monticello, IL
Est. Annual Property Tax
$4,057
Monthly Impact
$338
Added to your mortgage
Effective Rate
2.07%
National avg: ~1.00%
Illinois Tax Overview
Compare Monticello to Another City
See how far your salary goes somewhere else.
Cost of Living Comparison
See how far your salary goes in another city.
Monticello, IL
Loading cities...
Cost Index Comparison (100 = National Avg)
Housing CostsNational Avg: 100
Rent Prices
More Cities in Illinois
View All Illinois Cities →LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
- Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
- Tax Rates: Tax Foundation State & Local Tax Data, 2024
- Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR