The cost of living index in Monroe, WI, reflects a generally favorable comparison to the nationwide average, which stands at 100. Housing costs in Monroe are notably lower at 85, offering residents a 15% savings compared to the national average. The transportation index stands at 88, showing an 8% reduction, while groceries and healthcare remain close to the average with 95 and 92, respectively. Utilities and miscellaneous expenses also show minor savings, making Monroe an attractive option for those seeking a more affordable lifestyle.
Monroe, WI, showcases a cost of living that is slightly lower than the nationwide average. According to the data, the overall cost of living index for Monroe stands at 88. This means that living expenses in Monroe are 88% of the average costs across the country. Notably, housing, one of the largest expenses for most people, costs 15% less than the nationwide average. Groceries, another essential cost, are only 5% below the average, indicating that food prices in Monroe are quite competitive.
Utilities in Monroe cost around 10% less than the national average, offering a modest saving for residents. Transportation costs are also slightly lower, at 12% below the nationwide average. Healthcare expenses are close to the national average, with only a 2% difference. Miscellaneous costs, which include items like entertainment and personal care, are also 13% below the national average. Overall, Monroe presents a cost of living that is manageable and often more affordable than many other places in the country.
