Housing costs in Monroe?
A typical home costs
$171,800, which is 49.2% less expensive than the national average of
$338,100 and 29.2% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Monroe costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 37.5% cheaper than the state average of
$1,210.
Can I afford Monroe?
To live comfortably in Monroe, Pennsylvania, a minimum annual income of
$32,760 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Monroe?
Monroe Borough, PA is a fairly affordable place to live. The cost of living index is 12% below the national average, with housing costs being especially low. The median home value in Monroe Borough is about $159,000, making it an attractive place for those who are looking for a more affordable home option. Additionally, utilities and other expenses are typically lower than those in nearby cities. All in all, Monroe Borough provides a great balance between affordability and quality of life for its residents.