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Monroe, GA vs Newnan, GA

87
Monroe
Georgia
VS
-16.3%
104
Newnan
Georgia

There is a significant gap in the cost of living between these two cities. Monroe is 16.3% cheaper than Newnan. With a cost index of 87 vs 104, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monroe to Newnan should plan for substantially higher expenses across most categories.

On the housing front, median rent in Monroe is $1,118/month compared to $1,391/month in Newnan — a 20% difference. Home values follow the same pattern: Monroe is more affordable at $222,000 median vs $327,800.

Median household income in Monroe is $43,991 compared to $80,299 in Newnan (-45.2%). While Newnan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Monroe spend roughly 30.5% of their income on rent, more than the 20.8% in Newnan. The Newnan ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Monroe
87
16% cheaper
Newnan
104
Median Household Income
Monroe
$43,991
Newnan
$80,299
45% higher

Housing

Median Rent
Monroe
$1,118
20% cheaper
Newnan
$1,391
Median Home Value
Monroe
$222,000
32% cheaper
Newnan
$327,800
Population
Monroe
15,336
Newnan
43,510

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Monroe $3.02
Newnan $3.02
US $3.07
🥚
Eggs (grade A, large)
Monroe $2.46
Newnan $2.46
US $2.50
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Milk (whole)
Monroe $3.97
Newnan $3.97
US $4.03
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Bread (white)
Monroe $1.82
Newnan $1.82
US $1.85
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Chicken breast
Monroe $4.08
Newnan $4.08
US $4.14
Electricity
Monroe $0.18
Newnan $0.18
US $0.19