Cost of Living in Monmouth, CA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.9
100 = national avg
-12.1 vs national average
Living Wage (1 Adult)
$38,673
per year
Living Wage (Family of 4)
$91,410
per year
Cost Index by Category
Housing112.8
Food81.1
Transportation62.2
Healthcare84.9
Utilities91.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,355
per month
2 Bedroom
$1,664
per month
The overall cost of living index in Monmouth is 87.9, which is 12.1% below the national average. Housing costs are above the national average at an index of 112.8. A single adult needs to earn approximately $38,673 per year to cover basic expenses.