Housing costs in Monroe?
A typical home costs
$274,300, which is 18.9% less expensive than the national average of
$338,100 and 23.8% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Monroe costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 12.5% more than the state average of
$980.
Can I afford Monroe?
To live comfortably in Monroe Indi County, Indiana, a minimum annual income of
$52,560 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Monroe?
The cost of living in Monroe, IN County is 88.8, which is significantly lower than the US average cost of living of 100. This means that residents in this county can enjoy a higher quality of life for a fraction of the cost. Properties such as real estate are especially attractive with a median house value in Monroe, IN County standing at $274,300, more than $60,000 less than the US average of $338,100. The affordability combined with an overall low cost of living make Monroe, IN County an ideal place to live and raise a family.