Housing costs in Monroe?
A typical home costs
$187,000, which is 44.7% less expensive than the national average of
$338,100 and 1.2% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Monroe costs
$910 per month, which is 9.0% cheaper than the national average of
$1,000 and 5.5% more than the state average of
$860.
Can I afford Monroe?
To live comfortably in Monroe (zip 71209), Louisiana, a minimum annual income of
$36,000 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Monroe?
The cost of living in 71209 Monroe, LA is relatively low compared to other areas in the United States. Rent prices are significantly lower than the national average, and groceries and utilities are also less expensive than most places. There are a few exceptions here and there, but overall the cost of living in this area is much more affordable than many other parts of the country. This makes it an attractive option for those looking for a place to settle down without breaking their budget. In addition to being easy on the wallet, Monroe also boasts a vibrant culture, plenty of outdoor activities, and some excellent local eateries that make it a great place to live all around.