Monrovia, CA Cost Of Living
Cost Of Living In Monrovia, CA Summary
Cost of living in Monrovia research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Monrovia is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in California, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Monrovia is 162, with 100 being the average.
The cost of living index in Monrovia is 1.6x higher than the national average.
Monrovia ranks as the #467 cheapest in California out of 635.
Monrovia ranks as the #6,023 cheapest out of 6,412 in the US.
The median home value in Monrovia is $723,000.
The median income in Monrovia is $87,077.
Table Of Contents
Monrovia's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Monrovia, CA?
According to the most recent data on the cost of living, Monrovia has an overall cost of living index of 162, which is 1.6x higher than the national index of 100.
Compared to California, Monrovia has a cost of living index that's 1.2x higher than California's index of 139.
The standard of living in Monrovia ranks as #467 most affordable out of the 635 places we measured in California. By definition, that implies Monrovia ranks as the #168 most expensive place in the Golden State.
For more reading on life in Monrovia, check out:
- Living In Monrovia
- Monrovia Crime Report
- Search Homes For Sale In Monrovia, CA
In California
In America
Monrovia Cost Of Living Vs. California
Six factors go into calculating the cost of living index in Monrovia. Here is how it fairs on each of the criteria:
The Services index in Monrovia is 117.
The Groceries index in Monrovia is 115.
The Health index in Monrovia is 112.
The Housing index in Monrovia is 261.
The Transportation index in Monrovia is 136.
The Utilities index in Monrovia is 110.
| Living Expense | Monrovia | California | National Average | |
|---|---|---|---|---|
| Overall | 162 | 139 | 100 | |
| Services | 117 | 110 | 100 | |
| Groceries | 115 | 112 | 100 | |
| Health | 112 | 109 | 100 | |
| Housing | 261 | 204 | 100 | |
| Transportation | 136 | 126 | 100 | |
| Utilities | 110 | 124 | 100 | |
Monrovia, CA Housing Cost Breakdown
Housing swings affordability the most between places in California, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Monrovia is $723,000.
The Median Rent in Monrovia is $1,789.
The Median Income in Monrovia is $87,077.
The Home Value To Income in Monrovia is 8.3x.
The Rent To Monthly Income in Monrovia is 0.25x.
| Statistic | Monrovia | California | United States |
|---|---|---|---|
| Median Home Value | $723,000 | $573,200 | $244,900 |
| Median Rent | $1,789 | $1,698 | $1,163 |
| Median Income | $87,077 | $84,097 | $69,021 |
| Home Value To Income | 8.3x | 6.8x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Monrovia, CA Costs By Category
Detailed Monrovia Services Costs Vs. California
| Item | Monrovia | California |
|---|---|---|
| Shampoo | $1.17 | $1.06 |
| Movie | $16.3 | $10.68 |
| Bowling | $21.33 | $14.67 |
| Haircut | $22.57 | $18.62 |
| Beauty Salon | $76.5 | $39.05 |
Detailed Monrovia Groceries Costs Vs. California
| Item | Monrovia | California |
|---|---|---|
| Ground Beef | $4.58 | $4.22 |
| Fried Chicken | $1.72 | $1.39 |
| Milk | $2.19 | $2.05 |
| Potatoes | $2.99 | $3.29 |
| Pizza | $11.66 | $10.62 |
| Beer | $9.82 | $9.38 |
| Toothpaste | $2.51 | $2.34 |
Detailed Monrovia Health Costs Vs. California
| Item | Monrovia | California |
|---|---|---|
| Optometrist | $125.58 | $108.57 |
| Doctor | $125.0 | $116.17 |
| Dentist | $110.78 | $99.13 |
Detailed Monrovia Transportation Costs Vs. California
| Item | Monrovia | California |
|---|---|---|
| Gasoline | $3.31 | $2.22 |
| Tire Balancing | $50.62 | $50.07 |
Detailed Monrovia Utilities Costs Vs. California
| Item | Monrovia | California |
|---|---|---|
| All Electricity | $185.68 | $167.67 |
| Phone | $189.51 | $175.64 |
Monrovia SnackAbility
/10
Cost Of Living In Cities Around Monrovia
The cost of living varies in the cities and towns around Monrovia. Here's a quick look at the cost of living in the most populous nearby places:
Arcadia, CA has a cost of living index of 201, 1.2x Monrovia.
Diamond Bar, CA has a cost of living index of 165, 1.0x Monrovia.
Azusa, CA has a cost of living index of 134, 0.8x Monrovia.
| City | Population | Cost Of Living | Vs. Monrovia |
|---|---|---|---|
| Arcadia, CA | 56,697 | 201 | 1.2x |
| Diamond Bar, CA | 55,339 | 165 | 1.0x |
| Azusa, CA | 49,457 | 134 | 0.8x |
| La Mirada, CA | 47,957 | 147 | 0.9x |
| La Verne, CA | 31,423 | 150 | 0.9x |
| Walnut, CA | 28,641 | 176 | 1.1x |
| West Puente Valley, CA | 23,003 | 133 | 0.8x |
| Valinda, CA | 21,811 | 132 | 0.8x |
| Duarte, CA | 21,723 | 140 | 0.9x |
| Vincent, CA | 16,399 | 136 | 0.8x |
