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Monroe, NY vs Monsey, NY

132
Monroe
New York
VS
-18.4%
161
Monsey
New York

There is a significant gap in the cost of living between these two cities. Monroe is 18.4% cheaper than Monsey. With a cost index of 132 vs 161, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Monroe to Monsey should plan for substantially higher expenses across most categories.

On the housing front, median rent in Monroe is $1,984/month compared to $1,780/month in Monsey — a 12% difference. Interestingly, home values tell a different story: while Monsey has cheaper rent, Monroe actually has lower median home values ($404,200 vs $829,700).

Median household income in Monroe is $110,806 compared to $49,095 in Monsey (+125.7%). Monroe offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Monroe spend roughly 21.5% of their income on rent, less than the 43.5% in Monsey. The Monroe ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Monsey is notably warmer with an average of 55.4°F compared to 49.4°F in Monroe. Monsey receives more rainfall at 46.3" per year compared to 41" in Monroe.

Income & Cost

Cost of Living Index
Monroe
132
18% cheaper
Monsey
161
Median Household Income
Monroe
$110,806
56% higher
Monsey
$49,095

Housing

Median Rent
Monroe
$1,984
Monsey
$1,780
10% cheaper
Median Home Value
Monroe
$404,200
51% cheaper
Monsey
$829,700
Population
Monroe
9,466
Monsey
27,787

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Monroe $3.32
Monsey $3.32
US $3.07
🥚
Eggs (grade A, large)
Monroe $2.70
Monsey $2.71
US $2.50
🥛
Milk (whole)
Monroe $4.36
Monsey $4.36
US $4.03
🍞
Bread (white)
Monroe $2.00
Monsey $2.00
US $1.85
🍗
Chicken breast
Monroe $4.48
Monsey $4.49
US $4.14
Electricity
Monroe $0.26
Monsey $0.24
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Monroe 49.4°F
Monsey 55.4°F
Summer High
Monroe 84°F
Monsey 87°F
Winter Low
Monroe 17°F
Monsey 26°F
Rainfall
Monroe 41"
Monsey 46.3"
Rainy Days
Monroe 145d
Monsey 127d