Cost of Living in Monrovia, CA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

194.6

100 = national avg

+94.6 vs national average

Living Wage (1 Adult)

$85,619

per year

Living Wage (Family of 4)

$202,372

per year

Cost Index by Category

Housing
305.7
Food
124.2
Transportation
128.0
Healthcare
119.4
Utilities
155.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,085

per month

2 Bedroom

$2,601

per month

The overall cost of living index in Monrovia is 194.6, which is 94.6% above the national average. Housing costs are above the national average at an index of 305.7. A single adult needs to earn approximately $85,619 per year to cover basic expenses.