Housing costs in Monroe?
A typical home costs
$335,800, which is 0.7% less expensive than the national average of
$338,100 and 9.0% more expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Monroe costs
$1,360 per month, which is 6.3% more than the national average of
$1,280 and 13.2% cheaper than the state average of
$1,540.
Can I afford Monroe?
To live comfortably in Monroe (zip 30656), Georgia, a minimum annual income of
$64,440 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Monroe?
The cost of living in 30656 Monroe, GA is relatively affordable when compared to other areas in the country. According to bestplaces.net, the overall cost of living index is 87.6, which is below the national average of 100. Housing costs are lower than average with an index score of 77.7 and goods and services also come in at below average with the score of 89.9. Groceries are slightly higher than average with a score of 97.5 while utilities are slightly lower at 94.7 on the index scale. All of these factors make living in 30656 Monroe, GA an affordable option for those looking for a place to call home.