Monroe, WA 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.

Cost of living in Monroe, Washington

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

136 Cost of living index 1.4x higher vs US
#122 Cheapest in Washington (of 191)
#5,229 Cheapest in the U.S. (of 6,489)
$733,030 Median home value
$1,950 Median rent
$110,461 Median income
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What is the cost of living in Monroe, WA?

According to the most recent data on the cost of living, Monroe has an overall cost of living index of 136, which is 1.4x higher than the national index of 100.

Compared to Washington, Monroe has a cost of living index that's 1.1x higher than Washington's index of 120.

The standard of living in Monroe ranks as #122 most affordable out of the 191 places we measured in Washington. By definition, that implies Monroe ranks as the #69 most expensive place in the Evergreen State.

For more reading on life in Monroe, check out:

Monroe Cost Of Living Vs. Washington

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 105.

  • The Groceries index in Monroe is 110.

  • The Health index in Monroe is 202.

  • The Housing index in Monroe is 111.

  • The Transportation index in Monroe is 111.

  • The Utilities index in Monroe is 106.

Living Expense Monroe Washington National Average
Overall 136 120 100
Services 105 108 100
Groceries 110 108 100
Health 202 137 100
Housing 111 111 100
Transportation 111 111 100
Utilities 106 110 100

Monroe Cost Of Living Compared To Washington Averages

Services
Monroe 105
Washington avg 108
Groceries
Monroe 110
Washington avg 108
Health
Monroe 202
Washington avg 137
Housing
Monroe 111
Washington avg 111
Transportation
Monroe 111
Washington avg 111
Utilities
Monroe 106
Washington avg 110

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

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

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

Monroe, WA Housing Cost Breakdown

$733,030Median Home Value
$1,950Median Rent
$110,461Median Income

Housing swings affordability the most between places in Washington, 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 $733,030.

  • The Median Rent in Monroe is $1,950.

  • The Median Income in Monroe is $110,461.

  • The Home Value To Income in Monroe is 6.6x.

  • The Rent To Monthly Income in Monroe is 0.21x.

Statistic Monroe Washington United States
Median Home Value $733,030 $601,016 $332,700
Median Rent $1,950 $1,760 $1,413
Median Income $110,461 $98,141 $80,734
Home Value To Income 6.6x 6.1x 4.1x
Rent To Monthly Income 0.21x 0.22x 0.21x

Monroe, WA Costs By Category

Detailed Monroe Services costs vs. Washington
Item Monroe Washington
Shampoo $1.21 $1.28
Movie $12.43 $12.13
Bowling $18.08 $18
Haircut $31.33 $24.26
Beauty Salon $49.67 $45.56
Detailed Monroe Groceries costs vs. Washington
Item Monroe Washington
Ground Beef $6.18 $5.84
Fried Chicken $2.23 $1.57
Milk $4.87 $4.67
Potatoes $4.43 $4.93
Pizza $13.35 $12.09
Beer $11.13 $10.41
Toothpaste $3.89 $3.7
Detailed Monroe Health costs vs. Washington
Item Monroe Washington
Optometrist $132.73 $125.68
Doctor $183.4 $135.78
Dentist $146.29 $113.29
Detailed Monroe Transportation costs vs. Washington
Item Monroe Washington
Gasoline $4.14 $3.46
Tire Balancing $65.57 $59.92
Detailed Monroe Utilities costs vs. Washington
Item Monroe Washington
All Electricity $163.64 $193.99
Phone $200.1 $192.25

Monroe SnackAbility

6Overall SnackAbility
Jobs 8.5/10
Housing 9/10
Affordability 5/10
Diversity 8.5/10
Safety 6/10
Amenities 9/10
Education 6/10
Commute 4/10

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:

  • Everett, WA has a cost of living index of 132, 1.0x Monroe.

  • Marysville, WA has a cost of living index of 132, 1.0x Monroe.

  • Lake Stevens, WA has a cost of living index of 136, 1.0x Monroe.

City Population Cost Of Living Vs. Monroe
Everett, WA 111,845 132 1.0x
Marysville, WA 73,002 132 1.0x
Lake Stevens, WA 40,253 136 1.0x
Lynnwood, WA 40,110 138 1.0x
North Lynnwood, WA 23,339 137 1.0x
Martha Lake, WA 22,634 148 1.1x
Silver Firs, WA 22,306 156 1.1x
Lake Stickney, WA 15,890 141 1.0x
Woodinville, WA 13,438 172 1.3x
Maltby, WA 10,910 168 1.2x