Cost of Living in Monroe, NC
Overall index: 88 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 78 | -22% | $851 |
| Transportation | 104 | +4% | $3.50 |
| Food | 90 | -10% | $369 |
| Utilities | 89 | -11% | $140 |
| Healthcare | 89 | -11% | $101 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Monroe?
A single adult living comfortably in Monroe, NC needs approximately $30,800 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Monroe, NC?
The overall cost of living in Monroe, NC is 12% lower than the US national average (index: 88 where 100 = national average).
How much is rent in Monroe, NC?
Average rent for a 1-bedroom apartment in Monroe, NC is about $851/month.
Is Monroe, NC expensive to live in?
No, Monroe, NC is affordable (below national average).
What salary do I need to live in Monroe, NC?
A single adult needs roughly $30,800/year to cover basic living costs in Monroe, NC.