Cost of living in Monroe, Michigan

Monroe, Michigan has about 20,320 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $167,900.

HUD's fair-market rent for a 2-bedroom in Monroe County is $1,304 a month. That is the county number, not an apartment listing in Monroe. It runs from October 2026 through September 2027.

In the Monroe, MI metro area, prices sit at 93.5 when the U.S. average is 100. That is a 2024 BEA index.

Michigan taxes wages. A typical combined sales tax is 6.0% as of January 1, 2026. That mix is statewide, not Monroe's exact store tax.

Some places in Michigan add a local wage tax. In 2023 the state average was about 0.16% of income. That is not a Monroe bill.

In July 2026, a typical Michigan home paid 23.05¢ per kilowatt-hour. That is a state average from EIA, not Monroe's bill.

EIA did not publish a 2025 all-grades gas price for Michigan in the table we use.

Among 409 places we list in Michigan with a rent figure, 231 have higher typical rent than Monroe.