Housing costs in West Monroe?
A typical home costs
$129,800, which is 61.6% less expensive than the national average of
$338,100 and 29.8% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in West Monroe costs
$820 per month, which is 18.0% cheaper than the national average of
$1,000 and 4.9% cheaper than the state average of
$860.
Can I afford West Monroe?
To live comfortably in West Monroe (zip 71292), Louisiana, a minimum annual income of
$24,840 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about West Monroe?
The cost of living in 71292 West Monroe, LA is relatively affordable compared to other areas in the United States. The median home value in the area is around $125,800 with rents being significantly lower than the national average. Groceries and goods are generally cheaper than the rest of America, and overall living expenses are lower than most places throughout the country. Additionally, a variety of amenities are available to residents for free, including several parks, public recreation centers, library services and more. All these factors help make 71292 West Monroe a great option for anyone looking for an affordable place to live.