Cost of Living in Monroe, GA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.3
100 = national avg
-7.7 vs national average
Living Wage (1 Adult)
$40,623
per year
Living Wage (Family of 4)
$96,018
per year
Cost Index by Category
Housing118.6
Food83.6
Transportation67.2
Healthcare86.9
Utilities93.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,660
per month
2 Bedroom
$1,820
per month
The overall cost of living index in Monroe is 92.3, which is 7.7% below the national average. Housing costs are above the national average at an index of 118.6. A single adult needs to earn approximately $40,623 per year to cover basic expenses.