Monroe, OH, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Monroe stands at 89, which is 11% lower than the national average of 100. This makes Monroe an attractive option for those seeking more affordable living expenses without sacrificing quality of life.
Monroe, OH, presents a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Monroe stands at 85, indicating that residents can expect to pay 15% less for housing compared to the average American. This reduction in housing costs can be a significant advantage for those looking to settle in Monroe, as it provides more affordability without compromising on the quality of living spaces.
In addition to housing, other cost categories in Monroe also reflect a lower cost of living. For groceries, the index is 90, meaning residents spend 10% less than the national average. Utilities, with an index of 95, are only 5% higher than the national average, making them quite reasonable. The transportation index of 88 suggests that commuting and vehicle-related expenses are 12% lower than the average. Healthcare costs, at 92, are only 8% above the national average, and miscellaneous expenses, with an index of 87, are 13% lower. Overall, Monroe offers a cost of living that is attractive for those seeking a more affordable lifestyle.
