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Harvey, LA vs Monroe, LA

84
Harvey
Louisiana
VS
+22.1%
69
Monroe
Louisiana

There is a significant gap in the cost of living between these two cities. Monroe is 22.1% cheaper than Harvey. With a cost index of 69 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monroe to Harvey should plan for substantially higher expenses across most categories.

On the housing front, median rent in Harvey is $1,196/month compared to $823/month in Monroe — a 45% difference. Home values follow the same pattern: Monroe is more affordable at $174,800 median vs $189,700.

Median household income in Harvey is $43,524 compared to $36,521 in Monroe (+19.2%). The higher salaries in Harvey partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Harvey spend roughly 33% of their income on rent, more than the 27% in Monroe. The Monroe ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Harvey
84
Monroe
69
18% cheaper
Median Household Income
Harvey
$43,524
16% higher
Monroe
$36,521

Housing

Median Rent
Harvey
$1,196
Monroe
$823
31% cheaper
Median Home Value
Harvey
$189,700
Monroe
$174,800
8% cheaper
Population
Harvey
21,710
Monroe
47,241

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Harvey $2.85
Monroe $2.85
US $3.07
🥚
Eggs (grade A, large)
Harvey $2.33
Monroe $2.33
US $2.50
🥛
Milk (whole)
Harvey $3.74
Monroe $3.74
US $4.03
🍞
Bread (white)
Harvey $1.72
Monroe $1.72
US $1.85
🍗
Chicken breast
Harvey $3.85
Monroe $3.85
US $4.14
Electricity
Harvey $0.15
Monroe $0.15
US $0.19