Monroe charter, MI Cost of Living


1 Reviews



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How much do I need to live in Monroe charter, Michigan?
$3,450 / month
for a family, 36.1% less expensive than the national average A total of $41,400 for the year for a family.
$2,567 / month
for a single person, 46.2% less expensive than the national average A total of $30,800 for the year for a single person.

Monroe charter cost of living score
91.5
Less expensive
8.5% lower
than the US average
0.0% lower
than the Michigan average
Monroe charter, Michigan gets a BestPlaces Cost of Living score of 91.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.5% lower than the U.S. average and 0.0% lower than the average for Michigan.

Monroe charter, MI

Housing costs in Monroe charter?
A typical home costs $215,600, which is 36.2% less expensive than the national average of $338,100 and 1.4% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Monroe charter costs $1,000 per month, which is 30.1% cheaper than the national average of $1,430 and 10.0% cheaper than the state average of $1,100.

Can I afford Monroe charter?
To live comfortably in Monroe charter, Michigan, a minimum annual income of $41,400 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Monroe charter?
Monroe Charter Township, MI is known for its low cost of living. The median home price in the area is around $150,000, which is lower than the national average. Additionally, basic necessities like gas and groceries are cheaper compared to other areas. Dining out and entertainment tend to be more affordable too. This makes it an attractive option for those looking to save money without sacrificing the quality of their lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMonroe charterMichiganUnited States
    Unlock91.5100.0
  93.1  Unlock100.0
    Unlock84.8100.0
  47.7  Unlock100.0
    Unlock$218,700$338,100
  103.1  Unlock100.0
    Unlock115.1100.0
  96.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Monroe charter
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Over 12 years ago

I have grown up in Monroe county and now live in Monroe. I am looking to get out of here asap lol. So many businesses have gone out of business, the mall is practically  More

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