Monroe, LA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
84
Monroe's Overall Cost Of Living
0.8x
Lower Than The National Average
17 out of 109
In Louisiana
629 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Monroe is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Monroe, LA?

According to the most recent data on the cost of living, Monroe has an overall cost of living index of 84 which is 0.8x lower than the national index of 100.

Compared to only Louisiana, Monroe has a cost of living index that's 0.9x lower than Louisiana's index of 91.

The standard of living in Monroe ranks as #629 most affordable out of the 6,418 places we measured in Louisiana. By definition, that implies Monroe ranks as the #5,789 most expensive place in the Pelican State.

For more reading on life in Monroe, check out:

Monroe Cost Of Living Vs. Louisiana

Living Expense Monroe Louisiana National Average
Overall 84 91 100
Services 94 98 100
Groceries 92 97 100
Health 96 97 100
Housing 72 83 100
Transportation 86 93 100
Utilities 82 86 100
For more reading on cost of living around Louisiana, check out:
Monroe Cost of Living Vs. LA

Monroe, LA Housing Cost Breakdown

Housing swings affordability the most between places in Louisiana, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$150,000
Median Home Value
$711
Median Rent
$31,926
Median Income
Statistic Monroe Louisiana United States
Median Home Value $150,000 $168,100 $229,800
Median Rent $711 $876 $1,096
Median Income $31,926 $50,800 $64,994
Home Value To Income 4.7x 3.3x 3.5x
Rent To Monthly Income 0.27x 0.21x 0.2x

Detailed Monroe Services Costs Vs. Louisiana

Item Monroe Louisiana
Shampoo $1.03 $1.06
Movie $8.17 $10.68
Bowling $13.08 $14.67

Detailed Monroe Groceries Costs Vs. Louisiana

Item Monroe Louisiana
Ground Beef $4.48 $4.22
Fried Chicken $1.16 $1.39
Milk $1.97 $2.05

Detailed Monroe Health Costs Vs. Louisiana

Item Monroe Louisiana
Haircut $17.08 $18.62
Beauty Salon $38.13 $39.05
Toothpaste $2.09 $2.34

Detailed Monroe Transportation Costs Vs. Louisiana

Item Monroe Louisiana
Potatoes $3.03 $3.29
Pizza $10.95 $10.62
Beer $8.62 $9.38
Optometrist $104.0 $108.57
Doctor $103.73 $116.17
Dentist $96.11 $99.13

Detailed Monroe Utilities Costs Vs. Louisiana

Item Monroe Louisiana
Gasoline $1.87 $2.22
Tire Balancing $43.62 $50.07
All Electricity $111.98 $167.67
Phone $180.18 $175.64

Monroe SnackAbility

3
/10
Overall SnackAbility
Jobs
4/10
Housing
6
Affordability
4
Diversity
8.5
Safety
1
Amenities
8.5
Education
7
Commute
9.5

Cost Of Living In Cities Around Monroe

City Population Cost Of Living Vs. Monroe
Ruston, LA 21,987 89 1.1x
West Monroe, LA 12,431 83 1.0x
Claiborne, LA 11,904 89 1.1x
Bastrop, LA 10,060 75 0.9x
Swartz, LA 5,176 87 1.0x

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