City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Monroe | New York | Difference |
|---|---|---|---|
| Median rent | $790/mo | $1,714/mo | 53.9% lower in A |
| Median home value | $158,200 | $732,100 | 78.4% lower in A |
| Median household income | $36,550 | $76,607 | 52.3% lower in A |
| Groceries index | 95.2 | 108.1 | 12.0% lower in A |
| Utilities index | 79.0 | 133.1 | 40.7% lower in A |
| Transportation index | 97.2 | 104.3 | 6.8% lower in A |
| Healthcare index | 95.4 | 104.1 | 8.3% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Monroe, you'd need $167,181 in New York to maintain your standard of living.
Climate, safety, and demographics side by side.
Monroe, LA is about 40.2% cheaper overall than New York, NY, based on our cost-of-living index. Housing costs are roughly 66% lower in Monroe than in New York. If you earn $80,000 in Monroe, you'd need about $133,745 in New York to keep the same standard of living.