Monroe, LA vs Springfield, MO
Cost of Living Comparison
Monroe, LA is more affordable by 5.0 index points
Side-by-Side Comparison
| Category | Monroe, LA | Springfield, MO | Difference |
|---|---|---|---|
| Overall | 83.6 | 88.6 | -5.0 |
| Housing | 42.8 | 65.6 | -22.8 |
| Goods | 93.7 | 94.2 | -0.5 |
| Utilities | 72.2 | 85.8 | -13.6 |
| Other Services | 95.7 | 93.0 | +2.7 |
Income & Housing Comparison
| Metric | Monroe, LA | Springfield, MO |
|---|---|---|
| Median Household Income | $47,351 | $58,291 |
| Median Home Value | $158,100 | $191,500 |
| Median Monthly Rent | $859 | $881 |
| Per Capita Income | $28,677 | $32,500 |
Frequently Asked Questions
Is Monroe, LA or Springfield, MO cheaper to live in?
Monroe, LA is more affordable. The cost of living difference is 5.0 index points (Monroe, LA: 83.6, Springfield, MO: 88.6).
Where is housing cheaper, Monroe, LA or Springfield, MO?
Housing is more affordable in Monroe, LA. Housing index: Monroe, LA (42.8) vs Springfield, MO (65.6).