Housing costs in Monroe?
A typical home costs
$296,200, which is 12.4% less expensive than the national average of
$338,100 and 2.4% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Monroe costs
$1,070 per month, which is 3.6% cheaper than the national average of
$1,110 and 16.8% cheaper than the state average of
$1,250.
Can I afford Monroe?
To live comfortably in Monroe (zip 28112), North Carolina, a minimum annual income of
$56,880 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Monroe?
The cost of living in 28112 Monroe, NC is very affordable. Housing prices are reasonable and the overall cost of goods and services are also below the national average. Utilities tend to be lower than other nearby cities as well, making it a great place to live for those on a budget. The area also offers plenty of local restaurants, shopping centers, and entertainment venues that are all reasonably priced. For those looking for a more expensive lifestyle, there are luxuries such as golf courses and high-end boutiques that can cater to their needs. Overall, 28112 Monroe provides an excellent balance of affordability and luxury.