Housing costs in Monroe?
A typical home costs
$153,400, which is 54.6% less expensive than the national average of
$338,100 and 17.0% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Monroe costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 16.3% cheaper than the state average of
$1,000.
Can I afford Monroe?
To live comfortably in Monroe, Louisiana, a minimum annual income of
$29,520 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Monroe?
Monroe, LA has an overall below average cost of living with taxes particularly lower than most other towns and cities in Louisiana while utility costs remain consistently affordable making it a great destination for those who want to stay within a budget but still enjoy the quality of life amenities located nearby.