South Monroe, MI Cost Of Living

Demographics | Cost Of Living
Updated: 2021-02-06
89
South Monroe's Overall Cost Of Living
0.9x
Lower Than The National Average
86 out of 173
In Michigan
1,523 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means South Monroe is expensive, while a number below 100 means it's a relatively cheap place to live.

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 only Michigan, South Monroe has a cost of living index that's 1.0x lower than Michigan's index of 89.

The standard of living in South Monroe ranks as #1,524 most affordable out of the 6,522 places we measured in Michigan. By definition, that implies South Monroe ranks as the #4,883 most expensive place in the Wolverine State.

For more reading on life in South Monroe, check out:

South Monroe Cost Of Living Vs. Michigan

Living Expense South Monroe Michigan National Average
Overall 89 89 100
Services 104 95 100
Groceries 93 88 100
Health 93 94 100
Housing 60 74 100
Transportation 114 106 100
Utilities 94 99 100
For more reading on cost of living around Michigan, check out:
South Monroe Cost of Living Vs. MI

South 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.

$132,400
Median Home Value
$735
Median Rent
$41,136
Median Income
Statistic South Monroe Michigan United States
Median Home Value $132,400 $154,900 $217,500
Median Rent $735 $871 $1,062
Median Income $41,136 $57,144 $62,843
Home Value To Income 3.2x 2.7x 3.5x
Rent To Monthly Income 0.21x 0.18x 0.2x

Detailed South Monroe Services Costs Vs. Michigan

Item South Monroe Michigan
Shampoo $0.94 $1.01
Movie $11.09 $10.72
Bowling $19.6 $13.86

Detailed South Monroe Groceries Costs Vs. Michigan

Item South Monroe Michigan
Ground Beef $3.92 $3.9
Fried Chicken $1.12 $1.4
Milk $1.27 $1.96

Detailed South Monroe Health Costs Vs. Michigan

Item South Monroe Michigan
Haircut $17.38 $17.49
Beauty Salon $52.83 $38.17
Toothpaste $1.97 $2.32

Detailed South Monroe Transportation Costs Vs. Michigan

Item South Monroe Michigan
Potatoes $3.1 $3.18
Pizza $10.49 $10.39
Beer $8.15 $9.23
Optometrist $83.25 $106.34
Doctor $100.0 $115.25
Dentist $93.78 $98.38

Detailed South Monroe Utilities Costs Vs. Michigan

Item South Monroe Michigan
Gasoline $2.9 $2.59
Tire Balancing $59.77 $48.9
All Electricity $152.8 $167.6
Phone $175.97 $163.42

South Monroe SnackAbility

5
/10
Overall SnackAbility
Jobs
4/10
Housing
6
Affordability
6
Diversity
6
Safety
N/A
Amenities
8.5
Education
5
Commute
8.5

Cost Of Living In Cities Around South Monroe

City Population Cost Of Living Vs. South Monroe
Toledo, OH 276,614 85 1.0x
Oregon, OH 20,017 90 1.0x
Monroe, MI 19,775 90 1.0x
Sylvania, OH 19,143 96 1.1x
Woodhaven, MI 12,518 93 1.0x
Flat Rock, MI 9,967 91 1.0x
Lambertville, MI 9,524 97 1.1x
Temperance, MI 8,201 96 1.1x
Milan, MI 6,107 95 1.1x
Northwood, OH 5,384 89 1.0x

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