Monroe, MI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
90
Monroe's Overall Cost Of Living
0.9x
Lower Than The National Average
84 out of 175
In Michigan
1,633 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, MI?

According to the most recent data on the cost of living, Monroe has an overall cost of living index of 90 which is 0.9x lower than the national index of 100.

Compared to only Michigan, Monroe has a cost of living index that's 1.0x lower than Michigan's index of 91.

The standard of living in Monroe ranks as #1,633 most affordable out of the 6,418 places we measured in Michigan. By definition, that implies Monroe ranks as the #4,785 most expensive place in the Wolverine State.

For more reading on life in Monroe, check out:

Monroe Cost Of Living Vs. Michigan

Living Expense Monroe Michigan National Average
Overall 90 91 100
Services 110 95 100
Groceries 100 90 100
Health 96 96 100
Housing 62 76 100
Transportation 109 101 100
Utilities 98 103 100
For more reading on cost of living around Michigan, check out:
Monroe Cost of Living Vs. MI

Monroe, MI Housing Cost Breakdown

Housing swings affordability the most between places in Michigan, 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.

$131,900
Median Home Value
$757
Median Rent
$53,068
Median Income
Statistic Monroe Michigan United States
Median Home Value $131,900 $162,600 $229,800
Median Rent $757 $892 $1,096
Median Income $53,068 $59,234 $64,994
Home Value To Income 2.5x 2.7x 3.5x
Rent To Monthly Income 0.17x 0.18x 0.2x

Detailed Monroe Services Costs Vs. Michigan

Item Monroe Michigan
Shampoo $0.94 $1.06
Movie $11.26 $10.68
Bowling $19.8 $14.67

Detailed Monroe Groceries Costs Vs. Michigan

Item Monroe Michigan
Ground Beef $4.55 $4.22
Fried Chicken $1.13 $1.39
Milk $1.44 $2.05

Detailed Monroe Health Costs Vs. Michigan

Item Monroe Michigan
Haircut $18.95 $18.62
Beauty Salon $54.27 $39.05
Toothpaste $2.43 $2.34

Detailed Monroe Transportation Costs Vs. Michigan

Item Monroe Michigan
Potatoes $4.18 $3.29
Pizza $10.82 $10.62
Beer $8.42 $9.38
Optometrist $81.52 $108.57
Doctor $104.59 $116.17
Dentist $99.57 $99.13

Detailed Monroe Utilities Costs Vs. Michigan

Item Monroe Michigan
Gasoline $2.25 $2.22
Tire Balancing $58.95 $50.07
All Electricity $159.51 $167.67
Phone $178.81 $175.64

Monroe SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
8
Diversity
6
Safety
N/A
Amenities
8.5
Education
7
Commute
8.5

Cost Of Living In Cities Around Monroe

City Population Cost Of Living Vs. Monroe
Oregon, OH 20,007 90 1.0x
Trenton, MI 18,214 96 1.1x
Woodhaven, MI 12,501 96 1.1x
Flat Rock, MI 9,974 94 1.0x
Lambertville, MI 9,970 94 1.0x
Temperance, MI 8,961 97 1.1x
South Monroe, MI 6,194 89 1.0x
Milan, MI 6,057 97 1.1x

Articles About Michigan

Enjoy The Snack?