Can A Welder Afford Rent in Monticello, MN?

Stretched but workable — rent takes 36.4% of gross income.

Monticello rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Monticello median rent
$1,623/mo
Welder salary (Minnesota)
$53,466/yr
Rent as % of income
36.4%
Gross monthly income works out to about $4,456, and the 30% rule supports up to $1,337/mo in rent. Monticello's median rent of $1,623 exceeds that threshold by $286/mo, putting a welder salary into the rent-burdened range here. A welder works roughly 63.1 hours a month to cover that rent.

About rent and a welder salary

Welder pay tracks the US median household income closely. Pipeline and underwater welders earn materially more. At the national-average welder salary, the 30% rule supports about $1,285 a month in rent.

Cheaper rent nearby

These Minnesota cities have lower median rent than Monticello, which improves the affordability math on a welder salary:

Coon Rapids, MN
$1,622/mo (36.4% of income)
Eagan, MN
$1,622/mo (36.4% of income)
Brooklyn Park, MN
$1,621/mo (36.4% of income)

Compare with full rent data for Monticello

View full rent data for Monticello, MN

Frequently asked questions

Can a welder afford rent in Monticello, MN?

Median rent in Monticello is $1,623 a month. A typical welder in Minnesota earns about $53,466 a year, which makes that rent 36.4% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a welder afford in Monticello?

Using the 30% rule, a welder salary in Minnesota (~$53,466/yr) supports up to $1,337 a month in rent. Monticello's current median rent is $1,623/mo, which is $286/mo over the affordability threshold.

How many hours does a welder work to cover rent in Monticello?

At an hourly equivalent of about $26 an hour, a welder in Minnesota works roughly 63.1 hours a month to cover Monticello's median rent of $1,623.

Where is rent cheaper than Monticello for a welder?

Nearby Minnesota cities with lower median rent include Coon Rapids ($1,622/mo), Eagan ($1,622/mo), Brooklyn Park ($1,621/mo). Each shifts the affordability math materially on a welder salary.

Methodology: Salary uses the BLS-derived Minnesota state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Monticello, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.