Cost of Living in Monroe, NE

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

Cost of Living Overview

Overall Index

94.2

100 = national avg

-5.8 vs national average

Living Wage (1 Adult)

$41,433

per year

Living Wage (Family of 4)

$97,932

per year

Cost Index by Category

Housing
82.7
Food
100.6
Transportation
101.3
Healthcare
100.5
Utilities
96.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$809

per month

2 Bedroom

$1,061

per month

The overall cost of living index in Monroe is 94.2, which is 5.8% below the national average. Housing costs are below the national average at an index of 82.7. A single adult needs to earn approximately $41,433 per year to cover basic expenses.