Monroe, LA vs Springfield, IL
Cost of Living Comparison
Monroe, LA is more affordable by 9.1 index points
Side-by-Side Comparison
| Category | Monroe, LA | Springfield, IL | Difference |
|---|---|---|---|
| Overall | 83.6 | 92.7 | -9.1 |
| Housing | 42.8 | 71.6 | -28.8 |
| Goods | 93.7 | 93.6 | +0.0 |
| Utilities | 72.2 | 90.4 | -18.2 |
| Other Services | 95.7 | 99.6 | -3.9 |
Income & Housing Comparison
| Metric | Monroe, LA | Springfield, IL |
|---|---|---|
| Median Household Income | $47,351 | $72,445 |
| Median Home Value | $158,100 | $163,400 |
| Median Monthly Rent | $859 | $921 |
| Per Capita Income | $28,677 | $41,393 |
Frequently Asked Questions
Is Monroe, LA or Springfield, IL cheaper to live in?
Monroe, LA is more affordable. The cost of living difference is 9.1 index points (Monroe, LA: 83.6, Springfield, IL: 92.7).
Where is housing cheaper, Monroe, LA or Springfield, IL?
Housing is more affordable in Monroe, LA. Housing index: Monroe, LA (42.8) vs Springfield, IL (71.6).