Much like the surrounding areas, it is significantly less expensive compared to the entire nation. Compared to the city of Tallahassee, it's significantly less expensive.
Home prices
The median home in Monticello costs $101,500. This is roughly $1,740 (1%) higher compared to the surrounding areas.Compared to the nation as a whole it is approximately $116,000 (53%) lower, and compared to the city of Tallahassee is about $102,300 (50%) lower.
Rents
The median rent in Monticello is $816 a month. This is approximately $131 (19%) higher in comparison to the surrounding areas.It is roughly $246 (23%) lower compared to the United States as a whole, and it is about $207 (20%) lower in comparison to the city of Tallahassee.
Nearby places
Greenville
Greenville is about 13 miles southeast of Monticello. Housing prices there are substantially less expensive. The median home in Greenville is valued at $47,900, which works out to $53,600 (111%) lower than Monticello. The rent there is a bit less expensive. Greenville's median monthly rent is $676, which works out to $140 (20%) lower than Monticello.
Boston
Boston is approximately 19 miles north from Monticello. The housing prices there are a little less expensive. The median home value in Boston is $92,300, which is $9,200 (9%) lower than Monticello. The rent there is a bit less expensive. The median rent in Boston is $633 per month, which comes out to $183 (28%) lower than Monticello.
Thomasville
Thomasville is about 23 miles north of Monticello. The housing prices there are substantially more expensive. The median home in Thomasville is valued at $163,500, which is $62,000 (37%) higher than Monticello. Rent there is pretty similar. The median rent in Thomasville is $857 per month, which comes out to $41 (4%) higher than Monticello.
Quitman
Quitman is about 24 miles northeast from Monticello. Housing prices there are a little more expensive. The median home in Quitman costs $133,800, which works out to $32,300 (24%) higher than Monticello. Its rents are a lot less expensive. In Quitman the median monthly rent is $600, which works out to $216 (36%) lower than Monticello.
Madison
Madison is about 25 miles east from Monticello. Its housing prices are significantly less expensive. Madison's median home price is $61,300, which works out to $40,200 (65%) lower than Monticello. Rent there is a little less expensive. The median rent in Madison is $658 a month, which works out to $158 (24%) lower than Monticello.