Cost of Living in Monticello, LA

Population 4,677 · Louisiana · Data vintage 2023

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Monticello sits on the smaller end of the Louisiana city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Monticello sits roughly 6 miles northeast of Baton Rouge — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 26% lower than Baton Rouge's $225,000.

Cost Overview

Housing 54

Rent 90

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Monticello

The median home value in Monticello is $165,700 — 46% below the national median of $305,000. Median rent runs $1,178/month, 10% lower than the national median of $1,314/month. The median household income of $62,106/year is 17% lower than the US median of $74,580. The local unemployment rate is 5.4%, above the national average of 4.8%. Louisiana's top state income tax rate is 4.3% and the combined sales tax is 9.5%. Overall, Monticello has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.

📍

Monticello has limited residential data

Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:

Central, LA

Median home: $270,700

Rent: $1,373/mo

Income: $90,091

Baton Rouge, LA

Median home: $224,500

Rent: $1,044/mo

Income: $49,944

Shenandoah, LA

Median home: $319,300

Rent: $1,216/mo

Income: $107,544

Baker, LA

Median home: $146,700

Rent: $1,031/mo

Income: $59,451

Gardere, LA

Median home: $250,600

Rent: $1,135/mo

Income: $60,694

🏠 Housing

Median Home Value

$165,700

46% below avg

Median Rent

$1,178/mo

10% below avg

Price-to-Rent Ratio

11.7x

Favors buying

Property Tax Rate

0.6%

Effective rate

HUD Fair Market Rents by Bedroom

Studio

$731

1 BR

$816

2 BR

$988

3 BR

$1,280

4 BR

$1,513

Owner-occupied 77.7%

Renter-occupied 22.4%

💰 Estimated Monthly Budget

Rent median rent

$1,178

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $1,792/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚

Eggs (dozen)

$0.548

🍞

White Bread (lb)

$1.912

🥩

Ground Beef (lb)

$5.61

🚗 Transportation

Avg Commute

33.1 min

23% above avg

Gas Price

$3.145/gal

0% below avg

Work From Home

1.3%

Commute Mode

Drove alone

89.4%

Carpooled

9.3%

Public transit

0.1%

Work from home

1.3%

⚡ Utilities

Electricity

$0.176/kWh

0% below avg

📋 Taxes

State Income Tax 4.3%

Total Sales Tax 9.5%

State rate 4.5%

Avg local rate 5.1%

Property Tax 0.6%

💼 Income & Employment

Median Household Income

$62,106

17% below avg

Per Capita Income

$30,428

Unemployment Rate

5.4%

12% above avg

Poverty Rate

9.9%

Labor Force Participation

59.9%

🎓 Education

Bachelor's degree+ 11.8%

Graduate degree 11.1%

👥 Demographics

Median Age 37.5

Male median age 37.8

Female median age 37.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate

40.8%

Good air days/yr

147

Max AQI recorded

258

PM2.5 days

107

Ozone days

Frequently Asked Questions

What is the cost of living in Monticello, LA?

Monticello has a cost index of 68 (100 = national average). It is 32% below the national average.

What is average rent in Monticello, LA?

The median gross rent in Monticello is $1,178 per month based on 2023 Census data.

What is the average home price in Monticello?

The median home value in Monticello is $165,700 according to 2023 Census ACS data.

What is the median income in Monticello?

The median household income in Monticello is $62,106 per year (2023 ACS 5-year estimates).

What is the sales tax in Monticello, LA?

The combined state and local sales tax rate in Monticello is 9.5%. The Louisiana state income tax top rate is 4.3%.

Is Monticello, LA affordable?

Yes, Monticello is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.

Monticello at a Glance

Population: 4,677
Median Income: $62,106
Home Value: $165,700
Median Rent: $1,178/mo
Unemployment: 5.4%
Sales Tax: 9.5%

View all cities in Louisiana →

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