Cost of Living in Monroe, OH
Population 15,024 · Ohio · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Monroe a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $264,000. An unemployment rate of 2.5% points to a labor market well on the tight side of the national distribution.
Located 20 miles northeast of Cincinnati, Monroe falls within that metro's commuting orbit. Median home values run roughly 23% higher than Cincinnati's $215,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Monroe
The median home value in Monroe is $264,000 — 13% below the national median of $305,000. Median rent runs $1,575/month, 20% higher than the national median of $1,314/month. The median household income of $103,638/year is 39% higher than the US median of $74,580. The local unemployment rate is 2.5%, below the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 65.1°F and lows of 42.5°F. Overall, Monroe has a cost of living index of 100 versus the US average of 100, meaning it is on par with the national average.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 40 | 44 | 54 | 67 | 75 | 83 | 87 | 86 | 80 | 68 | 55 | 44 |
| Low °F | 22 | 23 | 32 | 42 | 52 | 61 | 64 | 62 | 54 | 42 | 32 | 26 |
| Precip" | 2.91 | 2.41 | 3.49 | 4.63 | 4.59 | 4.06 | 3.67 | 2.95 | 3.04 | 3.17 | 3.16 | 3.34 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Monroe, OH?
Monroe has a cost index of 100 (100 = national average). It is near the national average.
What is average rent in Monroe, OH?
The median gross rent in Monroe is $1,575 per month based on 2023 Census data.
What is the average home price in Monroe?
The median home value in Monroe is $264,000 according to Zillow and Census data.
What is the median income in Monroe?
The median household income in Monroe is $103,638 per year (2023 ACS 5-year estimates).
What is the sales tax in Monroe, OH?
The combined state and local sales tax rate in Monroe is 7.2%. The Ohio state income tax top rate is 3.8%.
Is Monroe, OH affordable?
Monroe is near the national average in terms of cost of living, with an index of 100 (100 = US average).
What is the weather like in Monroe?
Monroe has average high temperatures of 65.1°F and average lows of 42.5°F. Annual precipitation is 41.4". Data from NOAA 1991–2020 Climate Normals.
Monroe at a Glance
- Population
- 15,024
- Median Income
- $103,638
- Home Value
- $264,000
- Median Rent
- $1,575/mo
- Unemployment
- 2.5%
- Avg High Temp
- 65.1°F
- Sales Tax
- 7.2%
Nearby Cities
Explore county-level cost of living data
Ohio Rankings
Similar Cost Cities
Cities in other states with comparable housing costs