Housing costs in West Monroe?
A typical home costs
$182,200, which is 46.1% less expensive than the national average of
$338,100 and 1.4% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in West Monroe costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 8.7% cheaper than the state average of
$1,000.
Can I afford West Monroe?
To live comfortably in West Monroe, Louisiana, a minimum annual income of
$34,920 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about West Monroe?
The cost of living in West Monroe, LA is relatively inexpensive. The overall cost of living index is nearly 17% lower than the national average, making it an attractive place to live for those looking to save money. Housing costs are particularly affordable, with the median home price around $90,000 and monthly rental prices ranging from about $650-$800 for a one bedroom apartment. Groceries and health care are also significantly cheaper than the US average. All in all, West Monroe is an affordable place to call home and offers its residents plenty of opportunity for saving money.