West Monroe, MI Cost of Living


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West Monroe cost of living score
91.5
Less expensive
8.5% lower
than the US average
0.0% lower
than the Michigan average
West Monroe, 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.

West Monroe, MI

Housing costs in West Monroe?
A typical home costs $123,100, which is 63.6% less expensive than the national average of $338,100 and 43.7% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in West Monroe 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 West Monroe?
To live comfortably in West Monroe, Michigan, a minimum annual income of $23,760 for a family, and $30,800 for a single person is recommended.

What does A.I. say about West Monroe?
West Monroe, MI is known for being an affordable place to live. The cost of living in West Monroe is about 10% lower than the national average. Housing prices are especially low in the area, with an average home costing around $140,000. Utility costs are also quite reasonable, and food prices generally remain stable. All in all, West Monroe is an ideal place for people looking for a great quality of life without having to worry about an excessive cost of living.
   Cost of living score
     CategoriesWest MonroeMichiganUnited States
  91.591.5100.0
  93.193.4100
  85.684.8100.0
  48.471.2100.0
  $123,100$218,700$338,100
  102.1%100.1%100.0%
  105.8115.1100.0
  96.095.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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