Cost of Living in Monroe, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
184.6
100 = national avg
+84.6 vs national average
Living Wage (1 Adult)
$81,233
per year
Living Wage (Family of 4)
$192,005
per year
Cost Index by Category
Housing245.3
Food134.7
Transportation169.4
Healthcare127.8
Utilities149.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,549
per month
2 Bedroom
$1,979
per month
The overall cost of living index in Monroe is 184.6, which is 84.6% above the national average. Housing costs are above the national average at an index of 245.3. A single adult needs to earn approximately $81,233 per year to cover basic expenses.