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 an attractive option for those seeking more affordable living expenses without sacrificing essential services.
Housing costs in Monroe are notably lower, with an index of 80, representing a 20% decrease from the national average. Groceries, utilities, and transportation also show lower costs, with indices of 90, 95, and 85, respectively. Healthcare costs remain on par with the national average at 100, while miscellaneous expenses are slightly below at 88. This balanced distribution of lower costs across various categories makes Monroe a cost-effective choice for potential residents.
Monroe, WI, presents a cost of living that is notably lower than the nationwide average. The cost of living index for Monroe stands at 86, which is 14% below the average of 100. This lower index suggests that residents of Monroe can expect to spend less on their daily expenses compared to the national average. Housing, for instance, is 20% cheaper in Monroe, with an index of 80, while utilities are only 5% below the average, at 95.
When examining specific categories, Monroe's groceries index of 90 shows a 10% savings compared to the national average. Transportation costs are also slightly lower, with an index of 85, indicating a 15% reduction. Healthcare costs in Monroe match the national average, with an index of 100, offering no significant savings or additional costs. Miscellaneous expenses, with an index of 88, are 12% below the average. Overall, Monroe provides a more affordable living environment in several key areas.
