Housing costs in Monroe?
A typical home costs
$222,200, which is 34.3% less expensive than the national average of
$338,100 and 46.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Monroe costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 64.7% cheaper than the state average of
$1,960.
Can I afford Monroe?
To live comfortably in Monroe New Y County, New York, a minimum annual income of
$42,480 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Monroe?
The cost of living in Monroe, NY County is 88.6, which is significantly lower than the US average Cost of Living which is 100. This lower cost of living allows for more affordability when it comes to housing in the area; the median house value in Monroe, NY County is $222,200, much lower than the US average house value of $338,100. As a result, those looking to move to or purchase a home in Monroe, NY County will find that it offers a great balance between low cost of living and affordable housing options.