Cost of Living in Monroe, WA

Population 19,696 · Washington · Data vintage 2023

175
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Monroe sits 95% above the national median — $594,000 for the typical home — but median household incomes near $107,556 (44% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Located 12 miles southeast of Everett, Monroe falls within that metro's commuting orbit. Median home values run roughly 12% higher than Everett's $532,000.

Cost Overview

Housing 195
Rent 145

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Monroe

The median home value in Monroe is $594,300 — 95% above the national median of $305,000. Median rent runs $1,902/month, 45% higher than the national median of $1,314/month. The median household income of $107,556/year is 44% higher than the US median of $74,580. The local unemployment rate is 4.4%, below the national average of 4.8%. Washington charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 57.9°F and lows of 44.9°F. Overall, Monroe has a cost of living index of 175 versus the US average of 100, meaning it is 75% more expensive.

🏠 Housing

Median Home Value
$594,300
95% above avg
Zillow Home Value
$723,474
Zillow ZHVI
Median Rent
$1,902/mo
45% above avg
Zillow Rent
$2,385/mo
Zillow ZORI
Price-to-Rent Ratio
26.0x
Favors renting
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$963
1 BR
$1,018
2 BR
$1,317
3 BR
$1,845
4 BR
$2,071
Owner-occupied 70.7%
Renter-occupied 29.3%

💰 Estimated Monthly Budget

Rent median rent
$1,902
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,516/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
32.3 min
20% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.7%

Commute Mode

Drove alone
69.6%
Carpooled
11.0%
Public transit
1.8%
Walked
2.4%
Bicycle
0.6%
Work from home
13.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.2%
State rate 6.5%
Avg local rate 2.7%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$107,556
44% above avg
Per Capita Income
$38,883
Unemployment Rate
4.4%
9% below avg
Poverty Rate
7.0%
Labor Force Participation
60.3%

🎓 Education

Bachelor's degree+ 19.1%
Graduate degree 7.6%

👥 Demographics

Median Age 35.1
Male median age 35
Female median age 35.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.9°F
Avg Low
44.9°F
Annual Precip
33.4"
30° 43° 55° 68° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 464852566366727368585045
Low °F 373739434851555552464036
Precip" 3.892.843.632.672.111.890.840.981.683.354.974.52

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
67.4%
Good air days/yr
175
Max AQI recorded
365
PM2.5 days
0
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

61%
4-Year Graduation Rate
21.2:1
Student-teacher ratio
14
Public schools
6,825
Total enrollment

Frequently Asked Questions

What is the cost of living in Monroe, WA?

Monroe has a cost index of 175 (100 = national average). It is 75% above the national average.

What is average rent in Monroe, WA?

The median gross rent in Monroe is $1,902 per month based on 2023 Census data.

What is the average home price in Monroe?

The median home value in Monroe is $594,300 according to Zillow and Census data.

What is the median income in Monroe?

The median household income in Monroe is $107,556 per year (2023 ACS 5-year estimates).

What is the sales tax in Monroe, WA?

The combined state and local sales tax rate in Monroe is 9.2%. Washington has no state income tax.

Is Monroe, WA affordable?

Monroe is above average in cost of living, with an index of 175 — about 75% higher than the national average.

What is the weather like in Monroe?

Monroe has average high temperatures of 57.9°F and average lows of 44.9°F. Annual precipitation is 33.4". Data from NOAA 1991–2020 Climate Normals.

Monroe at a Glance

Population
19,696
Median Income
$107,556
Home Value
$594,300
Median Rent
$1,902/mo
Unemployment
4.4%
Avg High Temp
57.9°F
Sales Tax
9.2%
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Explore county-level cost of living data

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