What’s the Real Cost of Living in Monroe, LA?

Thinking of making Monroe home? Whether you’re relocating from out of state or comparing it to neighboring cities, here’s what it really costs to live in our part of Northeast Louisiana.

🏠 Housing Costs (The Biggest Expense)

Monroe’s housing market is one of the most affordable in the state.

Home Type - Average Price (2026 est.)

Entry-Level Homes - $160,000–$200,000

Family-Size Homes (3–4 BR) - $225,000–$350,000

Newer Construction - $275,000–$500,000+Rentals

(2–3 BR House) - $1,100–$1,600/month

💡 Buying a home often costs less monthly than renting — especially with current mortgage rates and local taxes.

🛒 Grocery & Food Prices

Grocery costs in Monroe are generally 3–5% below the national average, thanks to local supply chains and lower taxes.

• Gallon of milk: ~$3.60

• Dozen eggs: ~$2.75

• Local lunch for two: ~$25

• Fast food meal: ~$9–$11

🛍️ Bonus: Monroe has multiple farmer’s markets and local produce co-ops that stretch your dollar.

⚡ Utilities & Internet

Utility TypeAverage Monthly CostElectricity$120–$180Water/Sewer/Garbage$60–$90Internet (fiber)$55–$85

💡 Homes in Monroe often use electric HVAC systems — keep that in mind when comparing bills seasonally.

🏥 Healthcare & Insurance

• Health insurance premiums are slightly below the national average

• Monroe has two major hospital systems and strong primary care access

• Property insurance varies based on flood zone status — we’ll check that during your search

👩‍⚕️ Access to care is solid in Monroe — but flood zones can impact monthly insurance premiums.

🚗 Transportation & Commute Costs

• Most residents drive, with little traffic congestion

• Gas averages $3.00–$3.20/gallon (2026 est.)

• Car insurance rates tend to be lower than in major metros

🛻 Your commute in Monroe is likely under 20 minutes — and that saves on fuel and time.

🎉 Entertainment & Lifestyle

• Gym membership: ~$40/month

• Movie ticket: ~$11

• Live music & festivals: Regular free and low-cost events

• Hunting, fishing, and outdoor rec: Low cost or permit-based

🎣 If you enjoy the outdoors or hometown community events, Monroe is easy on the wallet.

Is Monroe Affordable for You?

If you’re looking for a place where your income stretches further — and your quality of life stays high — Monroe delivers.

As someone who’s helped families relocate here for nearly 20 years, I’ll help you factor in the real costs: property taxes, maintenance, insurance, and lifestyle tradeoffs.

👉 Let’s talk about your move to Monroe
📍 I’ll help you crunch the numbers and find the neighborhood that fits your lifestyle and budget.