Monroe, WI, presents a cost of living slightly below the nationwide average. With a cost of living index of 92, residents can expect to pay about 8% less than the national average across various categories. Housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses all contribute to this lower overall cost, making Monroe an attractive option for budget-conscious individuals.
Monroe, WI, shows a cost of living index that is slightly below the nationwide average of 100. This index reflects the overall cost of living in Monroe, considering various expenses. Housing costs are at 89, meaning they are 11% below the national average. This suggests that residents of Monroe might find housing more affordable compared to the rest of the country.
Groceries in Monroe are priced at 95, just 5% below the national average. This indicates that buying food in Monroe is nearly on par with the national cost, with a slight edge on affordability. Utilities, at 97, are 3% above the national average, showing minimal difference in cost. Transportation costs in Monroe are at 92, which is 8% below the national average, offering a more budget-friendly option for commuters. Healthcare costs are at 90, indicating a 10% reduction compared to the national average, which can be beneficial for residents' health expenditures. Miscellaneous expenses, at 85, are 15% lower than the national average, showing considerable savings for daily miscellaneous spending. Overall, Monroe presents a favorable cost of living scenario, especially in housing and miscellaneous expenses.
