CostByCity

Cost of Living in Monroe, LA

2024 data from the Bureau of Economic Analysis

Cost Index
83.6
16.4% below avg
Housing Index
42.8
Median Income
$47,351
Median Rent
$859/mo

Cost Breakdown

Overall83.6 (-16.4%)
Housing42.8 (-57.2%)
Goods93.7 (-6.3%)
Utilities72.2 (-27.8%)
Other Services95.7 (-4.3%)

National average = 100

Income & Housing

Median Household Income
$47,351/year
Median Home Value
$158,100
Median Monthly Rent
$859/mo
Per Capita Income
$28,677/year

Compare Monroe, LA With

Monroe, LA vs Eagle Pass, TXMonroe, LA vs Dothan, ALMonroe, LA vs Texarkana, TXMonroe, LA vs Enid, OK *Monroe, LA vs Hammond, LAMonroe, LA vs Shreveport, LAMonroe, LA vs Florence, ALMonroe, LA vs Houma, LAMonroe, LA vs Wildwood, FLMonroe, LA vs Jackson, TN

Frequently Asked Questions

Is Monroe, LA expensive to live in?
Monroe, LA has a cost of living index of 83.6, which is 16.4% below the national average.
How much does housing cost in Monroe, LA?
Housing costs in Monroe, LA are indexed at 42.8 compared to the national average of 100. The median monthly rent is $859.
What is the average income in Monroe, LA?
The median household income in Monroe, LA is $47,351 per year.
What is the average home price in Monroe, LA?
The median home value in Monroe, LA is $158,100.