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Monroe, NY Cost Of Living

The latest cost of living statistics for Monroe. Includes statistics on rent, mortgages, healthcare, and other costs for Monroe compared to the state and national averages.

Chris Kolmar
Written by
HomeSnacks
Last updated
2026-06-20

Cost of living in Monroe, New York

Cost of living in 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 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 New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

133 Cost of living index 1.3x higher vs US
#154 Cheapest in New York (of 336)
#5,080 Cheapest in the U.S. (of 6,489)
$530,516 Median home value
$2,202 Median rent
$109,851 Median income
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What is the cost of living in Monroe, NY?

According to the most recent data on the cost of living, Monroe has an overall cost of living index of 133, which is 1.3x higher than the national index of 100.

Compared to New York, Monroe has a cost of living index that's 1.1x higher than New York's index of 121.

The standard of living in Monroe ranks as #154 most affordable out of the 336 places we measured in New York. By definition, that implies Monroe ranks as the #182 most expensive place in the Empire State.

For more reading on life in Monroe, check out:

Monroe Cost Of Living Vs. New York

Six factors go into calculating the cost of living index in Monroe. Here is how it fares on each of the criteria:

  • The Services index in Monroe is 108.

  • The Groceries index in Monroe is 111.

  • The Health index in Monroe is 183.

  • The Housing index in Monroe is 109.

  • The Transportation index in Monroe is 110.

  • The Utilities index in Monroe is 108.

Living Expense Monroe New York National Average
Overall 133 121 100
Services 108 105 100
Groceries 111 108 100
Health 183 143 100
Housing 109 112 100
Transportation 110 114 100
Utilities 108 111 100

Monroe Cost Of Living Compared To New York Averages

Services
Monroe 108
New York avg 105
Groceries
Monroe 111
New York avg 108
Health
Monroe 183
New York avg 143
Housing
Monroe 109
New York avg 112
Transportation
Monroe 110
New York avg 114
Utilities
Monroe 108
New York avg 111

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around New York, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Monroe, NY Housing Cost Breakdown

$530,516Median Home Value
$2,202Median Rent
$109,851Median Income

Housing swings affordability the most between places in New York, 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 Monroe is $530,516.

  • The Median Rent in Monroe is $2,202.

  • The Median Income in Monroe is $109,851.

  • The Home Value To Income in Monroe is 4.8x.

  • The Rent To Monthly Income in Monroe is 0.24x.

Statistic Monroe New York United States
Median Home Value $530,516 $507,794 $332,700
Median Rent $2,202 $1,621 $1,413
Median Income $109,851 $85,974 $80,734
Home Value To Income 4.8x 5.9x 4.1x
Rent To Monthly Income 0.24x 0.23x 0.21x

Monroe, NY Costs By Category

Detailed Monroe Services costs vs. New York
Item Monroe New York
Shampoo $1.5 $1.28
Movie $13.76 $12.13
Bowling $19.63 $18
Haircut $32.33 $24.26
Beauty Salon $48.56 $45.56
Detailed Monroe Groceries costs vs. New York
Item Monroe New York
Ground Beef $6.34 $5.84
Fried Chicken $1.61 $1.57
Milk $4.73 $4.67
Potatoes $5.03 $4.93
Pizza $10.07 $12.09
Beer $10.62 $10.41
Toothpaste $3.66 $3.7
Detailed Monroe Health costs vs. New York
Item Monroe New York
Optometrist $140.1 $125.68
Doctor $143.23 $135.78
Dentist $123.0 $113.29
Detailed Monroe Transportation costs vs. New York
Item Monroe New York
Gasoline $3.33 $3.46
Tire Balancing $57.68 $59.92
Detailed Monroe Utilities costs vs. New York
Item Monroe New York
All Electricity $281.67 $193.99
Phone $185.16 $192.25

Monroe SnackAbility

6Overall SnackAbility
Jobs 8.5/10
Housing 9/10
Affordability 6/10
Diversity 9.5/10
Safety 8.5/10
Amenities 8.5/10
Education 8/10
Commute 3/10

Cost Of Living In Cities Around Monroe

The cost of living varies in the cities and towns around Monroe. Here's a quick look at the cost of living in the most populous nearby places:

  • Kiryas Joel, NY has a cost of living index of 152, 1.1x Monroe.

  • Jefferson Valley-Yorktown, NY has a cost of living index of 143, 1.1x Monroe.

  • Stony Point, NY has a cost of living index of 132, 1.0x Monroe.

City Population Cost Of Living Vs. Monroe
Kiryas Joel, NY 38,916 152 1.1x
Jefferson Valley-Yorktown, NY 14,154 143 1.1x
Stony Point, NY 12,728 132 1.0x
Suffern, NY 11,441 128 1.0x
Chestnut Ridge, NY 10,557 153 1.2x
Woodbury, NY 9,348 134 1.0x
Valley Cottage, NY 9,165 144 1.1x
Hillcrest, NY 9,071 141 1.1x
Congers, NY 8,275 142 1.1x
Wesley Hills, NY 6,196 187 1.4x
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