Monroe County, FL Cost of Living


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How much do I need to live in Monroe, Florida?
$14,400 / month
for a family, 166.7% more expensive than the national average A total of $172,800 for the year for a family.
$5,333 / month
for a single person, 11.9% more expensive than the national average A total of $64,000 for the year for a single person.

Monroe cost of living score
148.2
More expensive
48.2% higher
than the US average
43.7% higher
than the Florida average
Monroe Flor County, Florida gets a BestPlaces Cost of Living score of 148.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 48.2% higher than the U.S. average and 43.7% lower than the average for Florida.

Monroe County, FL

Housing costs in Monroe?
A typical home costs $901,500, which is 166.6% more expensive than the national average of $338,100 and 148.8% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Monroe costs $2,020 per month, which is 41.3% more than the national average of $1,430 and 22.8% more than the state average of $1,560.

Can I afford Monroe?
To live comfortably in Monroe Flor County, Florida, a minimum annual income of $172,800 for a family, and $64,000 for a single person is recommended.

What does A.I. say about Monroe?
The median house value in Monroe County, FL is $901,500, which is significantly higher than the US average of $338,100. This high cost of living is also reflected in the Monroe County Cost of Living Index, which stands at 148.2 – well above the US average of 100. Clearly, those looking to live in this county must prepare for much higher living expenses than other areas.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMonroeFloridaUnited States
    Unlock103.1100.0
  112.8  Unlock100.0
    Unlock102.3100.0
  242.8  Unlock100.0
    Unlock$362,400$338,100
  98.8  Unlock100.0
    Unlock112.6100.0
  109.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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