Cost of Living in Monroe, OH

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

Cost of Living Overview

Overall Index

148.6

100 = national avg

+48.6 vs national average

Living Wage (1 Adult)

$65,396

per year

Living Wage (Family of 4)

$154,573

per year

Cost Index by Category

Housing
161.2
Food
129.2
Transportation
158.4
Healthcare
123.4
Utilities
129.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,051

per month

2 Bedroom

$1,353

per month

The overall cost of living index in Monroe is 148.6, which is 48.6% above the national average. Housing costs are above the national average at an index of 161.2. A single adult needs to earn approximately $65,396 per year to cover basic expenses.