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Cost of living in Monroe, MI vs US average (2024)

Quick answer

Prices in Monroe, MI were 6.5% below the US average in 2024 (Regional Price Parity 93.5, US = 100), with a housing-rent index of 74.6, per the U.S. Bureau of Economic Analysis.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

CategoryPrice index (US = 100)
All items93.492
Goods93.711
Housing (rents)74.641
Utilities93.681
Other services99.561
— All items by year —
202493.492
202393.313
202293.305
202192.026
202093.517
201993.592

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Last updated 2026-10-16. Data only, not financial or tax advice.

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