Housing costs in Monroe?
A typical home costs
$226,000, which is 33.2% less expensive than the national average of
$338,100 and 7.4% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Monroe costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 5.1% cheaper than the state average of
$1,030.
Can I afford Monroe?
To live comfortably in Monroe, Wisconsin, a minimum annual income of
$43,200 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Monroe?
The cost of living in Monroe, WI is relatively low compared to other areas in the United States. The median home value is typically around $139,000 and rent averages around $680 per month. The overall cost of living index for Monroe is 83.9, which is 17% lower than the U.S. average. Food and transportation costs are slightly above the national average, but housing is much lower due to the rural area. Shopping options are typically limited but there are several small boutiques to find unique items as well as larger retail stores within a few miles outside of Monroe.