Cost Of Living in Monroe City, IN

Get 300+ Local Insights for Any Address in Monroe City, IN

Get Access to 300+ Local Data Points

A+

15%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

43%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Monroe City	Indiana	National
Cost of living	85	89	100
Groceries	97	97	100
Health care	94	97	100
Housing	57	72	100
Transportation	97	96	100
Utilities	94	96	100
Lifestyle & Entertainment	99	95	100
Household Items	99	98	100
Education & Childcare	99	94	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In Monroe City, IN

502 S Grant St

Monroe City, IN

6548 S Hart Street Rd

Monroe City, IN

Cost Of Living Quick Facts

The cost of living in Monroe City is 5% lower than the Indiana average
The cost of living in Monroe City is 15% lower than the national average
Monroe City housing is 43% lower than the national average
Indiana general sales tax is 37% higher than the national average
Indiana state income tax is 21% higher than the national average

Most Affordable Places to Live in and Around Monroe City

See all the best places to live around Monroe City

Compare Monroe City, IN Cost of Living

Write a review to give others more information about this area.

See all Monroe City poll results

The best places in Indiana

Here are the best places to live in Indiana

These are the 10 cheapest cities in Indiana

Check out the 10 safest cities in Indiana

Safest States In The US

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$93,143	$7,762	$2,173	$2,795
Renters	$0	$0	$0	$0

Indiana Sales Tax

State	General Sales Tax	With Max Surtax
Indiana	7%	7%

Indiana Income Tax

State	Income Tax (Low)	Income Tax (High)
Indiana	3.15%	3.15%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Ragsdale, IN	254	97	3.1%
Emison, IN	81	97	3.1%
Russellville, IL	76	74	25.8%
Otwell, IN	251	74	25.8%
Decker, IN	264	78	22.1%
Monroe City, IN	1,065	85	15.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Matheny, CA	1,065	101	1.0%
Baconton, GA	1,065	84	16.4%
Cooperstown, ND	1,065	85	15.5%
Maypearl, TX	1,065	100	0.4%
Saint-Michel-du-Squatec, QC	1,065	n/a
Monroe City, IN	1,065	85	15.1%