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Elsie, MI vs West Monroe, MI

62
Elsie
Michigan
VS
-10.1%
69
West Monroe
Michigan

Elsie is moderately more affordable than West Monroe, with a 10.1% lower cost of living index. Elsie scores 62 compared to 69 for West Monroe, where the US average is 100. This difference means residents of West Monroe can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elsie is $692/month compared to $957/month in West Monroe — a 28% difference. Interestingly, home values tell a different story: while Elsie has cheaper rent, West Monroe actually has lower median home values ($94,000 vs $107,600).

Median household income in Elsie is $55,000 compared to $50,099 in West Monroe (+9.8%). Elsie offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elsie spend roughly 15.1% of their income on rent, less than the 22.9% in West Monroe.

Income & Cost

Cost of Living Index
Elsie
62
10% cheaper
West Monroe
69
Median Household Income
Elsie
$55,000
9% higher
West Monroe
$50,099

Housing

Median Rent
Elsie
$692
28% cheaper
West Monroe
$957
Median Home Value
Elsie
$107,600
West Monroe
$94,000
13% cheaper
Population
Elsie
951
West Monroe
2,753

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elsie $2.88
West Monroe $2.88
US $3.07
🥚
Eggs (grade A, large)
Elsie $2.35
West Monroe $2.35
US $2.50
🥛
Milk (whole)
Elsie $3.79
West Monroe $3.79
US $4.03
🍞
Bread (white)
Elsie $1.74
West Monroe $1.74
US $1.85
🍗
Chicken breast
Elsie $3.90
West Monroe $3.90
US $4.14
Electricity
Elsie $0.18
West Monroe $0.18
US $0.19