Housing costs in Monroe?
A typical home costs
$331,500, which is 2.0% less expensive than the national average of
$338,100 and 35.1% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Monroe costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 50.6% cheaper than the state average of
$1,280.
Can I afford Monroe?
To live comfortably in Monroe (zip 84754), Utah, a minimum annual income of
$63,360 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Monroe?
The cost of living in 84754 Monroe, UT is quite affordable. According to City-Data, the cost of living index is just 83.8, which is 17.2 points lower than the U.S. average of 100. Housing costs in Monroe are particularly reasonable, with the median home value at $156,100 and the median rent at $796 per month. Other expenses such as groceries and healthcare are also relatively low here compared to other parts of the country. All in all, 84754 Monroe, UT is a great place to live for those looking for an affordable cost of living without having to sacrifice too much on quality of life.