Cost of living index
Monroe, LA
83.6 / 100
Living in Monroe, LA is 16.4% cheaper than the US average.
Overall prices
83.6
Housing / rent
42.8
vs US average
−16.4%
What it costs to live in Monroe, LA
Monroe, LA has an overall price level of 83.6 compared with the national average of 100, meaning everyday costs run about 16.4% lower than a typical US metro. Housing tells the sharper story: at 42.8 it is 57.2% below the national average. Because rent and mortgage payments are the biggest line in most household budgets, that housing figure is usually what you’ll feel most when you move here.
Common questions
Is Monroe, LA an expensive place to live?
Monroe, LA has an overall cost-of-living index of 83.6, where 100 is the US average. That makes it about 16.4% cheaper than the country as a whole.
Is housing expensive in Monroe, LA?
Housing in Monroe, LA scores 42.8 against a US average of 100 — roughly 57.2% below average. Housing is usually the largest single cost, so it drives most of the overall difference.
How does Monroe, LA compare to the US average cost of living?
Overall prices in Monroe, LA sit at 83.6 versus 100 for the US average, with housing at 42.8. Figures come from the US Bureau of Economic Analysis for 2024.