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Kentwood, MI vs Monroe, MI

90
Kentwood
Michigan
VS
+23.3%
73
Monroe
Michigan

There is a significant gap in the cost of living between these two cities. Monroe is 23.3% cheaper than Kentwood. With a cost index of 73 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monroe to Kentwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Kentwood is $1,205/month compared to $898/month in Monroe — a 34% difference. Home values follow the same pattern: Monroe is more affordable at $161,500 median vs $249,000.

Median household income in Kentwood is $73,647 compared to $59,532 in Monroe (+23.7%). While Kentwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kentwood spend roughly 19.6% of their income on rent, more than the 18.1% in Monroe.

Income & Cost

Cost of Living Index
Kentwood
90
Monroe
73
19% cheaper
Median Household Income
Kentwood
$73,647
19% higher
Monroe
$59,532

Housing

Median Rent
Kentwood
$1,205
Monroe
$898
25% cheaper
Median Home Value
Kentwood
$249,000
Monroe
$161,500
35% cheaper
Population
Kentwood
54,114
Monroe
20,330

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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