CostByCity

Albany, NY vs Monroe, LA

Cost of Living Comparison

Monroe, LA is more affordable by 16.0 index points

Side-by-Side Comparison

CategoryAlbany, NYMonroe, LADifference
Overall99.683.6+16.0
Housing102.642.8+59.8
Goods99.793.7+6.0
Utilities134.072.2+61.8
Other Services97.895.7+2.0

Income & Housing Comparison

MetricAlbany, NYMonroe, LA
Median Household Income$83,360$47,351
Median Home Value$254,100$158,100
Median Monthly Rent$1,181$859
Per Capita Income$44,919$28,677

Frequently Asked Questions

Is Albany, NY or Monroe, LA cheaper to live in?
Monroe, LA is more affordable. The cost of living difference is 16.0 index points (Albany, NY: 99.6, Monroe, LA: 83.6).
Where is housing cheaper, Albany, NY or Monroe, LA?
Housing is more affordable in Monroe, LA. Housing index: Albany, NY (102.6) vs Monroe, LA (42.8).