Minneapolis, MN vs Monroe, LA
Cost of Living Comparison
Monroe, LA is more affordable by 21.2 index points
Side-by-Side Comparison
| Category | Minneapolis, MN | Monroe, LA | Difference |
|---|---|---|---|
| Overall | 104.8 | 83.6 | +21.2 |
| Housing | 111.8 | 42.8 | +69.0 |
| Goods | 103.1 | 93.7 | +9.4 |
| Utilities | 93.5 | 72.2 | +21.3 |
| Other Services | 104.4 | 95.7 | +8.7 |
Income & Housing Comparison
| Metric | Minneapolis, MN | Monroe, LA |
|---|---|---|
| Median Household Income | $94,673 | $47,351 |
| Median Home Value | $334,200 | $158,100 |
| Median Monthly Rent | $1,324 | $859 |
| Per Capita Income | $49,334 | $28,677 |
Frequently Asked Questions
Is Minneapolis, MN or Monroe, LA cheaper to live in?
Monroe, LA is more affordable. The cost of living difference is 21.2 index points (Minneapolis, MN: 104.8, Monroe, LA: 83.6).
Where is housing cheaper, Minneapolis, MN or Monroe, LA?
Housing is more affordable in Monroe, LA. Housing index: Minneapolis, MN (111.8) vs Monroe, LA (42.8).