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Monroe, MI vs St. Louis, MI

73
Monroe
Michigan
VS
+8.4%
67
St. Louis
Michigan

St. Louis is moderately more affordable than Monroe, with a 8.4% lower cost of living index. Monroe scores 73 compared to 67 for St. Louis, where the US average is 100. This difference means residents of Monroe can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Monroe is $898/month compared to $865/month in St. Louis — a 4% difference. Home values follow the same pattern: St. Louis is more affordable at $115,700 median vs $161,500.

Median household income in Monroe is $59,532 compared to $46,096 in St. Louis (+29.1%). While Monroe 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 18.1% of their income on rent, less than the 22.5% in St. Louis.

Income & Cost

Cost of Living Index
Monroe
73
St. Louis
67
8% cheaper
Median Household Income
Monroe
$59,532
23% higher
St. Louis
$46,096

Housing

Median Rent
Monroe
$898
St. Louis
$865
4% cheaper
Median Home Value
Monroe
$161,500
St. Louis
$115,700
28% cheaper
Population
Monroe
20,330
St. Louis
6,926

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