Zip 53566 (Monroe, WI) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Monroe, Wisconsin?
$3,570 / month
for a family, 33.9% less expensive than the national average A total of $42,840 for the year for a family.
$2,400 / month
for a single person, 49.7% less expensive than the national average A total of $28,800 for the year for a single person.

Monroe cost of living score
86.5
Less expensive
13.5% lower
than the US average
3.8% lower
than the Wisconsin average
Monroe (zip 53566), Wisconsin gets a BestPlaces Cost of Living score of 86.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.5% lower than the U.S. average and 3.8% higher than the average for Wisconsin.

Zip 53566 (Monroe, WI)

Housing costs in Monroe?
A typical home costs $224,200, which is 33.7% less expensive than the national average of $338,100 and 8.2% less expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Monroe costs $950 per month, which is 7.8% cheaper than the national average of $1,030 and 37.9% cheaper than the state average of $1,310.

Can I afford Monroe?
To live comfortably in Monroe (zip 53566), Wisconsin, a minimum annual income of $42,840 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Monroe?
The cost of living in 53566 Monroe, WI is quite reasonable. The median home value in the area is estimated to be around $133,000, which is slightly below the national average. Additionally, the median household income is about $50,000 and the median rent stands at around $800 per month. As such, 53566 Monroe, WI offers a great quality of life without breaking the bank. With its low taxes and abundant natural beauty, this small town is an affordable and attractive option for those looking to move away from more expensive cities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMonroeWisconsinUnited States
    Unlock89.9100.0
  92.3  Unlock100.0
    Unlock98.9100.0
  55.9  Unlock100.0
    Unlock$244,100$338,100
  97.0  Unlock100.0
    Unlock86.9100.0
  110.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.