Housing costs in Monroe?
A typical home costs
$242,800, which is 28.2% less expensive than the national average of
$338,100 and 0.5% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Monroe costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 26.0% cheaper than the state average of
$1,260.
Can I afford Monroe?
To live comfortably in Monroe Illin County, Illinois, a minimum annual income of
$46,440 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Monroe?
The cost of living in Monroe, IL County is 91 compared to the US average of 100. This indicates that Monroe County has a lower cost of living than the national average, which makes it an attractive place to live and work for many people. The median house value in Monroe County is $242,800, which is significantly lower than the US average of $338,100. This lower cost of living combined with the more affordable housing prices make Monroe County an ideal destination for those looking for a comfortable lifestyle at a more reasonable price point.