Monrovia cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMonroviaIndianaNational
Cost of living index8687100
IndexMonroviaIndianaNational
Goods & Services index8594100
Groceries index8794100
Health care index9795100
Housing index7973100
Transportation index9292100
Utilities index9490100

Did you know?

  • The cost of living in Monrovia is 2% lower than the Indiana average.
  • The cost of living in Monrovia is 14% lower than the national average.
  • The cost of housing in Monrovia is 21% lower than the national average.
  • Indiana general sales tax is 37% higher than the national average.
  • Indiana state income tax is 48% higher than the national average.

Find Real Estate Listings In Monrovia

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Monrovia

Compare Monrovia, IN Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$62,500$5,208$1,458$1,875
Renters$22,583$1,882$527$678

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%

Goods & Services

ItemMonroviaNational avg.Difference
Haircut $12.03$15.5622.7%
Beauty Salon $24.06$36.1133.4%
Toothpaste $1.74$2.4729.5%
Shampoo $0.77$0.9619.9%
Movie $8.50$10.1316.1%
Bowling $3.53$4.7425.4%

Groceries

ItemMonroviaNational avg.Difference
Ground Beef $3.82$3.984.2%
Fried Chicken $0.99$1.4129.8%
Milk $1.38$2.0633.3%
Potatoes $2.74$2.988.2%
Pizza $8.04$9.4715.1%
Beer $8.83$8.790.4%

Health Care

ItemMonroviaNational avg.Difference
Optometrist $97.33$101.043.7%
Doctor $93.51$107.4413.0%
Dentist $93.50$90.423.4%
Ibuprofen $8.19$9.2811.7%
Lipitor $439.68$426.503.1%

Housing

ItemMonroviaNational avg.Difference
Home Price $128,000.00$175,700.0027.1%
Avg. Mortgage Payment $837.55$1,133.2326.1%
Apartment Rent $863.00$920.006.2%

Transportation

ItemMonroviaNational avg.Difference
Gasoline $1.95$1.992.0%
Tire Balancing $35.84$45.7621.7%

Utilities

ItemMonroviaNational avg.Difference
All Electricity$155.18$163.815.3%
Phone $26.67$28.396.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Paragon, IN68385-15%
Fillmore, IN56579-21%
Martinsville, IN11,75686-14%
Morgantown, IN1,03386-14%
Bethany, IN10981-19%
Monrovia, IN1,63186-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Olivet, MI1,63187-13%
Meredith, NH1,63112020%
Castlewood, VA1,63191-9%
Lykens, PA1,63185-15%
Rural Retreat, VA1,63187-13%
Monrovia, IN1,63186-14%
Source: The Monrovia, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.