What is the cost of living in South Monroe, MI?
According to the most recent data on the cost of living, South Monroe has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Michigan, South Monroe has a cost of living index that's 1.0x lower than Michigan's index of 91.
The standard of living in South Monroe ranks as #64 most affordable out of the 179 places we measured in Michigan. By definition, that implies South Monroe ranks as the #115 most expensive place in the Wolverine State.
For more reading on life in South Monroe, check out:
South Monroe Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in South Monroe. Here is how it fares on each of the criteria:
The Services index in South Monroe is 99.
The Groceries index in South Monroe is 92.
The Health index in South Monroe is 80.
The Housing index in South Monroe is 92.
The Transportation index in South Monroe is 93.
The Utilities index in South Monroe is 91.
| Living Expense | South Monroe | Michigan | National Average |
|---|---|---|---|
| Overall | 89 | 91 | 100 |
| Services | 99 | 97 | 100 |
| Groceries | 92 | 98 | 100 |
| Health | 80 | 75 | 100 |
| Housing | 92 | 98 | 100 |
| Transportation | 93 | 101 | 100 |
| Utilities | 91 | 98 | 100 |
South Monroe Cost Of Living Compared To Michigan Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Michigan, check out:
Protect your home budget Compare home warranties in South Monroe Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
South Monroe, MI Housing Cost Breakdown
Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in South Monroe is $206,449.
The Median Rent in South Monroe is $987.
The Median Income in South Monroe is $61,982.
The Home Value To Income in South Monroe is 3.3x.
The Rent To Monthly Income in South Monroe is 0.19x.
| Statistic | South Monroe | Michigan | United States |
|---|---|---|---|
| Median Home Value | $206,449 | $259,857 | $332,700 |
| Median Rent | $987 | $1,129 | $1,413 |
| Median Income | $61,982 | $72,875 | $80,734 |
| Home Value To Income | 3.3x | 3.6x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.19x | 0.21x |
South Monroe, MI Costs By Category
Detailed South Monroe Services costs vs. Michigan
| Item | South Monroe | Michigan |
|---|---|---|
| Shampoo | $1.13 | $1.28 |
| Movie | $12.99 | $12.13 |
| Bowling | $12.33 | $18 |
| Haircut | $16.8 | $24.26 |
| Beauty Salon | $24.78 | $45.56 |
Detailed South Monroe Groceries costs vs. Michigan
| Item | South Monroe | Michigan |
|---|---|---|
| Ground Beef | $5.75 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $4.8 | $4.93 |
| Pizza | $8.99 | $12.09 |
| Beer | $9.04 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
Detailed South Monroe Health costs vs. Michigan
| Item | South Monroe | Michigan |
|---|---|---|
| Optometrist | $85.0 | $125.68 |
| Doctor | $103.33 | $135.78 |
| Dentist | $91.0 | $113.29 |
Detailed South Monroe Transportation costs vs. Michigan
| Item | South Monroe | Michigan |
|---|---|---|
| Gasoline | $3.35 | $3.46 |
| Tire Balancing | $56.0 | $59.92 |
Detailed South Monroe Utilities costs vs. Michigan
| Item | South Monroe | Michigan |
|---|---|---|
| All Electricity | $219.2 | $193.99 |
| Phone | $184.44 | $192.25 |
South Monroe SnackAbility
Cost Of Living In Cities Around South Monroe
The cost of living varies in the cities and towns around South Monroe. Here's a quick look at the cost of living in the most populous nearby places:
Toledo, OH has a cost of living index of 85, 1.0x South Monroe.
Monroe, MI has a cost of living index of 88, 1.0x South Monroe.
Oregon, OH has a cost of living index of 89, 1.0x South Monroe.
| City | Population | Cost Of Living | Vs. South Monroe |
|---|---|---|---|
| Toledo, OH | 267,463 | 85 | 1.0x |
| Monroe, MI | 20,320 | 88 | 1.0x |
| Oregon, OH | 19,799 | 89 | 1.0x |
| Sylvania, OH | 19,055 | 96 | 1.1x |
| Woodhaven, MI | 12,690 | 98 | 1.1x |
| Flat Rock, MI | 10,340 | 93 | 1.0x |
| Lambertville, MI | 9,955 | 97 | 1.1x |
| Temperance, MI | 8,914 | 93 | 1.0x |
| Milan, MI | 5,987 | 97 | 1.1x |
| Northwood, OH | 5,193 | 87 | 1.0x |
