Skyline of Monroe
Cost of Living: 85 48,000

Monroe, LA, US

Northeast Louisiana hub with the Biedenharn Museum and the Louisiana Purchase Gardens.

Updated July 19, 2026
Cost of Living 85

Below Average vs US Avg (100)

Housing Index 88

Affordable

Median Income $45,000

Household income

Unemployment 4.2%

Job market health

Monroe vs US Average

Cost of Living
Monroe: 85
US Avg: 100
Housing Index
Monroe: 88
US Avg: 100
State Income Tax
Monroe: 4%
US Avg: ~5%

Taxes

  • State Income Tax: 4.0%
  • Sales Tax: 9.5%

Economy & Jobs

  • Median Income: $45,000
  • Unemployment: 4.2%
  • Population: 48,000

Climate

  • Sunny Days: 215/year
  • Summer High: 92°F
  • Winter Low: 38°F

Housing

  • Median Home: $170,000
  • 1BR Rent: $850/mo

Cost of Living

Monroe's cost of living index is 85 (US average = 100).

CategoryMonroeNational AverageDifference
Overall85100-15.0%
Housing88100-12.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$170,000
Median Rent (1BR)$850/mo
Median Rent (2BR)$1,063/mo
Price per Sq Ft$113

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

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$90,000 down
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Utilities

Estimated monthly utility costs for a typical household in Monroe:

UtilityEstimated Monthly CostNotes
Electricity$110Based on ~900 kWh/month typical US household usage
Heating & Cooling$4Estimated based on local climate. Gas or electric
Cooling (AC)$7Estimated based on local climate and electricity rates
Water$55Includes sewer
Internet (100+ Mbps)$60Broadband average
Garbage / Trash$25Private service
Total Utilities$261Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Best Neighborhoods

Downtown Monroe

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,020/mo.

Monroe Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $935/mo.

East Monroe

Up-and-coming neighborhood with new developments and young professionals. Average rent: $765/mo.

West Monroe

Family-friendly area with parks and good schools. Average rent: $808/mo.

Remote Work Score

Monroe scores —/100 for remote work readiness:

Cost of Living
85
Rent
$850
Sunny Days
215
Tax
4%
Unemployment
4.2%
Climate
92°F / 38°F

Climate

Monroe has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January58°F38°F2.5"
April77°F53°F2.8"
July92°F67°F1.5"
October72°F56°F2.2"

Taxes

  • State Income Tax: 4%
  • Sales Tax: 9.5%
  • Property Tax: ~0.55% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 4.2%.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Monroe, LA, US?

The cost of living index in Monroe is 85, which is Lower the US national average of 100.

How much does it cost to buy a home in Monroe?

The median home price in Monroe is $170,000. The housing index is 88.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Monroe is approximately $850/mo.

Does Monroe, LA have income tax?

Monroe is in LA, which has an income tax rate of 4%.

What is the climate like in Monroe?

Monroe enjoys approximately 215 sunny days per year. Summer highs reach around 92°F, while winter lows can drop to around 38°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.