Monroe, WI, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Monroe stands at 88, which is 12% lower than the national average of 100. This makes Monroe a more affordable option for housing, groceries, utilities, transportation, and miscellaneous expenses. However, healthcare costs in Monroe align with the national average, providing a balanced living experience.
Monroe, WI, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Monroe stand at 80, indicating that residents can expect to pay 20% less than the national average for housing. This reduction can be a significant advantage for those looking to purchase or rent homes in the area, offering more affordability for families and individuals alike.
In addition to housing, other living expenses in Monroe also reflect a lower cost of living. Groceries cost 90, which is 10% below the average, while utilities are priced at 95, only 5% above the national average. Transportation costs are at 85, meaning residents save 15% compared to the nationwide average. Healthcare costs remain at par with the national average at 100, ensuring that medical expenses do not disproportionately affect the budget. Miscellaneous costs are at 88, which is 12% lower than the national average. Overall, Monroe offers a cost of living that is 12% below the national average, making it an attractive option for those seeking a more affordable lifestyle.