Total monthly cost of ownership
Cost to Own a Home in Monticello, Wisconsin
A $200,000 home here costs
$1,792per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,028. The real number is $763 higher every month — 74% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Monticello against Green County and Wisconsin
| Measure | Monticello | Green County |
|---|---|---|
| Median home value | $200,000 | $236,900 |
| Median property tax | $3,598 | $3,882 |
| Effective tax rate | 1.799% | 1.639% |
| Median gross rent | $822 | $851 |
| Population | 1,186 | 37,036 |
The weather behind that power bill
Monticello sits in Green County, which averages a high of 82.5°F in its hottest month and a low of 10.9°F in its coldest, with 39.73" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 697 cooling and 7,115 heating degree days, which is what sets the $177 electricity line above.
See the full climate breakdown for Green County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Green County
Full Green County cost breakdown · Every county in Wisconsin
Common questions
How much does it cost to own a home in Monticello?
A $200,000 home in Monticello, Wisconsin costs approximately $1,792 per month with 20% down at 6.66%. That is $1,028 principal and interest, $300 property tax, $52 homeowners insurance, $245 utilities and $167 set aside for maintenance.
What is the property tax rate in Monticello?
Monticello has an effective property tax rate of 1.799%, based on a median home value of $200,000 and median real estate taxes of $3,598. That is higher than the Green County average of 1.639%.
What is the average home price in Monticello?
The median owner-occupied home value in Monticello, Wisconsin is $200,000, against $236,900 across Green County.
Is it cheaper to rent or buy in Monticello?
Median gross rent in Monticello is $822 a month, against $1,792 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Monticello — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Wisconsin.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.