West Monroe, LA Cost Of Living
Cost Of Living In West Monroe, LA Summary
Cost of living in West Monroe 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 West Monroe is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Louisiana, 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 West Monroe is 82, with 100 being the average.
The cost of living index in West Monroe is 0.8x lower than the national average.
West Monroe ranks as the #5 cheapest in Louisiana out of 106.
West Monroe ranks as the #221 cheapest out of 6,489 in the US.
The median home value in West Monroe is $192,781.
The median income in West Monroe is $46,663.
Table Of Contents
West Monroe's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in West Monroe, LA?
According to the most recent data on the cost of living, West Monroe has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Louisiana, West Monroe has a cost of living index that's 0.9x lower than Louisiana's index of 90.
The standard of living in West Monroe ranks as #5 most affordable out of the 106 places we measured in Louisiana. By definition, that implies West Monroe ranks as the #101 most expensive place in the Pelican State.
For more reading on life in West Monroe, check out:
In Louisiana
In America
West Monroe Cost Of Living Vs. Louisiana
Six factors go into calculating the cost of living index in West Monroe. Here is how it fairs on each of the criteria:
The Services index in West Monroe is 89.
The Groceries index in West Monroe is 92.
The Health index in West Monroe is 104.
The Housing index in West Monroe is 71.
The Transportation index in West Monroe is 86.
The Utilities index in West Monroe is 79.
| Living Expense | West Monroe | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 82 | 90 | 100 | |
| Services | 89 | 94 | 100 | |
| Groceries | 92 | 93 | 100 | |
| Health | 104 | 100 | 100 | |
| Housing | 71 | 80 | 100 | |
| Transportation | 86 | 94 | 100 | |
| Utilities | 79 | 83 | 100 | |
West Monroe, LA Housing Cost Breakdown
Housing swings affordability the most between places in Louisiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in West Monroe is $192,781.
The Median Rent in West Monroe is $815.
The Median Income in West Monroe is $46,663.
The Home Value To Income in West Monroe is 4.1x.
The Rent To Monthly Income in West Monroe is 0.21x.
| Statistic | West Monroe | Louisiana | United States |
|---|---|---|---|
| Median Home Value | $192,781 | $209,929 | $303,400 |
| Median Rent | $815 | $1,038 | $1,348 |
| Median Income | $46,663 | $60,023 | $78,538 |
| Home Value To Income | 4.1x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
West Monroe, LA Costs By Category
Detailed West Monroe Services Costs Vs. Louisiana
| Item | West Monroe | Louisiana |
|---|---|---|
| Shampoo | $1.33 | $1.28 |
| Movie | $12.98 | $12.13 |
| Bowling | $20.0 | $18 |
| Haircut | $23.22 | $24.26 |
| Beauty Salon | $46.11 | $45.56 |
Detailed West Monroe Groceries Costs Vs. Louisiana
| Item | West Monroe | Louisiana |
|---|---|---|
| Ground Beef | $6.31 | $5.84 |
| Fried Chicken | $1.67 | $1.57 |
| Milk | $4.61 | $4.67 |
| Potatoes | $5.17 | $4.93 |
| Pizza | $10.99 | $12.09 |
| Beer | $9.63 | $10.41 |
| Toothpaste | $3.52 | $3.7 |
Detailed West Monroe Health Costs Vs. Louisiana
| Item | West Monroe | Louisiana |
|---|---|---|
| Optometrist | $110.11 | $125.68 |
| Doctor | $173.89 | $135.78 |
| Dentist | $128.33 | $113.29 |
Detailed West Monroe Transportation Costs Vs. Louisiana
| Item | West Monroe | Louisiana |
|---|---|---|
| Gasoline | $3.15 | $3.46 |
| Tire Balancing | $56.44 | $59.92 |
Detailed West Monroe Utilities Costs Vs. Louisiana
| Item | West Monroe | Louisiana |
|---|---|---|
| All Electricity | $126.52 | $193.99 |
| Phone | $186.9 | $192.25 |
West Monroe SnackAbility
/10
Cost Of Living In Cities Around West Monroe
The cost of living varies in the cities and towns around West Monroe. Here's a quick look at the cost of living in the most populous nearby places:
Monroe, LA has a cost of living index of 87, 1.1x West Monroe.
Ruston, LA has a cost of living index of 90, 1.1x West Monroe.
Claiborne, LA has a cost of living index of 90, 1.1x West Monroe.
| City | Population | Cost Of Living | Vs. West Monroe |
|---|---|---|---|
| Monroe, LA | 47,241 | 87 | 1.1x |
| Ruston, LA | 22,224 | 90 | 1.1x |
| Claiborne, LA | 12,647 | 90 | 1.1x |
| Bastrop, LA | 9,408 | 78 | 1.0x |
