CostByCity

Monroe, MI vs Providence, RI

Cost of Living Comparison

Monroe, MI is more affordable by 8.3 index points

Side-by-Side Comparison

CategoryMonroe, MIProvidence, RIDifference
Overall93.5101.8-8.3
Housing74.6103.9-29.2
Goods93.797.1-3.4
Utilities93.7148.8-55.1
Other Services99.6102.3-2.7

Income & Housing Comparison

MetricMonroe, MIProvidence, RI
Median Household Income$72,573$81,136
Median Home Value$202,200$358,200
Median Monthly Rent$996$1,165
Per Capita Income$37,704$42,869

Frequently Asked Questions

Is Monroe, MI or Providence, RI cheaper to live in?
Monroe, MI is more affordable. The cost of living difference is 8.3 index points (Monroe, MI: 93.5, Providence, RI: 101.8).
Where is housing cheaper, Monroe, MI or Providence, RI?
Housing is more affordable in Monroe, MI. Housing index: Monroe, MI (74.6) vs Providence, RI (103.9).