How Much Does It Cost to Live in Monroe, LA?

Monroe, Louisiana is one of those places where you still get real value for your dollar — whether you’re buying a home, raising a family, or just looking for a simpler pace of life. If you’re considering a move, or you’re just curious about affordability here, let’s break it down.

🏠 Housing: Affordability Is Our Superpower

Monroe is known for its accessible housing prices — especially compared to national averages. As of 2026:

• Median home price: ~$195,000

• Entry-level homes: Start around $125,000

• Move-in ready family homes: Often range from $175,000–$250,000

• Luxury and new construction: Usually between $300,000–$500,000+

Whether you’re buying your first home or upgrading, the value here is hard to beat.

👉 Need help finding a great home at your price point? Start your search with Brian.

💡 Utilities & Monthly Bills

Basic utilities in Monroe tend to be lower than the national average.

• Electric & gas: $100–$180/month depending on season and home size

• Water/sewer/trash: ~$50–$75/month

• Internet: ~$50–$70/month

• Property taxes: Generally <1% of home value (a win for homeowners)

🛒 Grocery & Dining Costs

Whether you’re shopping at Brookshire’s, P&S Produce, or hitting a local farmers market, groceries remain affordable:

• Monthly grocery budget for two: $400–$600

• Fast casual meal: $10–$15

• Nice dinner out: $25–$35 per person

• Family of 4 weekly food cost: ~$200–$300

Insider tip: Hit Waterfront Grill or Coney Island Café for a local favorite that won’t break the bank.

🚗 Transportation Costs

Monroe’s layout keeps commute costs low:

• Average gas prices: Lower than national average (hovering around $2.90/gallon in early 2026)

• Typical commute: 10–20 minutes

• No toll roads, low traffic stress

Many neighborhoods are close to schools, parks, and shopping — a huge plus for daily convenience.

⚖️ Overall Cost of Living Score

Compared to the national average, Monroe ranks:

• -15% lower on housing

• -10% lower on utilities

• -12% lower on food

• Overall affordability score: 8.5/10

For buyers relocating from out of state or from major metro areas, Monroe offers major lifestyle savings.

👋 Final Thoughts from Brian

A lot of folks I work with are surprised by how far their money goes here in Monroe. Whether you're relocating, downsizing, or investing, understanding the full cost of living picture is key.

If you're ready to explore homes that match your lifestyle and budget, I'm here to walk you through every step — no pressure, just real insight.

👉 Contact Brian for a no-obligation local consult
📍 Serving Monroe, West Monroe, Sterlington, and surrounding communities