Cost of Living in Monroe, UT

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

Cost of Living Overview

Overall Index

109.2

100 = national avg

+9.2 vs national average

Living Wage (1 Adult)

$48,043

per year

Living Wage (Family of 4)

$113,557

per year

Cost Index by Category

Housing
127.8
Food
98.8
Transportation
97.5
Healthcare
99.0
Utilities
104.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$945

per month

2 Bedroom

$1,085

per month

The overall cost of living index in Monroe is 109.2, which is 9.2% above the national average. Housing costs are above the national average at an index of 127.8. A single adult needs to earn approximately $48,043 per year to cover basic expenses.