Monroe, WI 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, Wisconsin

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

93 Cost of living index 0.9x lower vs US
#34 Cheapest in Wisconsin (of 146)
#1,516 Cheapest in the U.S. (of 6,489)
$277,860 Median home value
$862 Median rent
$69,334 Median income
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What is the cost of living in Monroe, WI?

According to the most recent data on the cost of living, Monroe has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.

Compared to Wisconsin, Monroe has a cost of living index that's 0.9x lower than Wisconsin's index of 98.

The standard of living in Monroe ranks as #34 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Monroe ranks as the #112 most expensive place in the Badger State.

For more reading on life in Monroe, check out:

Monroe Cost Of Living Vs. Wisconsin

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 97.

  • The Groceries index in Monroe is 98.

  • The Health index in Monroe is 73.

  • The Housing index in Monroe is 98.

  • The Transportation index in Monroe is 106.

  • The Utilities index in Monroe is 100.

Living Expense Monroe Wisconsin National Average
Overall 93 98 100
Services 97 98 100
Groceries 98 100 100
Health 73 91 100
Housing 98 99 100
Transportation 106 102 100
Utilities 100 100 100

Monroe Cost Of Living Compared To Wisconsin Averages

Services
Monroe 97
Wisconsin avg 98
Groceries
Monroe 98
Wisconsin avg 100
Health
Monroe 73
Wisconsin avg 91
Housing
Monroe 98
Wisconsin avg 99
Transportation
Monroe 106
Wisconsin avg 102
Utilities
Monroe 100
Wisconsin avg 100

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

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

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

Monroe, WI Housing Cost Breakdown

$277,860Median Home Value
$862Median Rent
$69,334Median Income

Housing swings affordability the most between places in Wisconsin, 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 $277,860.

  • The Median Rent in Monroe is $862.

  • The Median Income in Monroe is $69,334.

  • The Home Value To Income in Monroe is 4.0x.

  • The Rent To Monthly Income in Monroe is 0.15x.

Statistic Monroe Wisconsin United States
Median Home Value $277,860 $330,171 $332,700
Median Rent $862 $1,087 $1,413
Median Income $69,334 $77,485 $80,734
Home Value To Income 4.0x 4.3x 4.1x
Rent To Monthly Income 0.15x 0.17x 0.21x

Monroe, WI Costs By Category

Detailed Monroe Services costs vs. Wisconsin
Item Monroe Wisconsin
Shampoo $1.22 $1.28
Movie $12.47 $12.13
Bowling $27.76 $18
Haircut $24.26 $24.26
Beauty Salon $66.46 $45.56
Detailed Monroe Groceries costs vs. Wisconsin
Item Monroe Wisconsin
Ground Beef $6.27 $5.84
Fried Chicken $1.45 $1.57
Milk $4.79 $4.67
Potatoes $4.2 $4.93
Pizza $10.96 $12.09
Beer $8.82 $10.41
Toothpaste $3.76 $3.7
Detailed Monroe Health costs vs. Wisconsin
Item Monroe Wisconsin
Optometrist $70.37 $125.68
Doctor $222.85 $135.78
Dentist $122.45 $113.29
Detailed Monroe Transportation costs vs. Wisconsin
Item Monroe Wisconsin
Gasoline $3.39 $3.46
Tire Balancing $65.66 $59.92
Detailed Monroe Utilities costs vs. Wisconsin
Item Monroe Wisconsin
All Electricity $226.9 $193.99
Phone $185.25 $192.25

Monroe SnackAbility

6Overall SnackAbility
Jobs 8/10
Housing 6/10
Affordability 8/10
Diversity 4/10
Safety 8/10
Amenities 8.5/10
Education 6/10
Commute 9.5/10

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:

  • Sun Prairie, WI has a cost of living index of 111, 1.2x Monroe.

  • Waunakee, WI has a cost of living index of 121, 1.3x Monroe.

  • Verona, WI has a cost of living index of 115, 1.2x Monroe.

City Population Cost Of Living Vs. Monroe
Sun Prairie, WI 37,570 111 1.2x
Waunakee, WI 15,687 121 1.3x
Verona, WI 15,232 115 1.2x
Oregon, WI 11,547 111 1.2x
DeForest, WI 11,501 107 1.2x
McFarland, WI 9,160 109 1.2x
Cottage Grove, WI 8,513 113 1.2x
Rockton, IL 7,974 96 1.0x
Mount Horeb, WI 7,736 108 1.2x