Monroe, LA vs Terrytown, LA
There is a significant gap in the cost of living between these two cities. Monroe is 16% cheaper than Terrytown. With a cost index of 69 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monroe to Terrytown should plan for substantially higher expenses across most categories.
On the housing front, median rent in Monroe is $823/month compared to $1,065/month in Terrytown — a 23% difference. Home values follow the same pattern: Monroe is more affordable at $174,800 median vs $212,000.
Median household income in Monroe is $36,521 compared to $56,944 in Terrytown (-35.9%). While Terrytown 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 27% of their income on rent, more than the 22.4% in Terrytown.
Climate-wise, both cities share similar average temperatures (65.7°F vs 68.2°F). Terrytown receives more rainfall at 63.8" per year compared to 55.1" in Monroe.
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Climate
NOAA 30-year normals (1991-2020)