CostByCity

Lakeland, FL vs Monroe, LA

Cost of Living Comparison

Monroe, LA is more affordable by 13.5 index points

Side-by-Side Comparison

CategoryLakeland, FLMonroe, LADifference
Overall97.183.6+13.5
Housing95.942.8+53.1
Goods96.293.7+2.5
Utilities86.972.2+14.7
Other Services98.995.7+3.2

Income & Housing Comparison

MetricLakeland, FLMonroe, LA
Median Household Income$60,901$47,351
Median Home Value$215,700$158,100
Median Monthly Rent$1,192$859
Per Capita Income$30,262$28,677

Frequently Asked Questions

Is Lakeland, FL or Monroe, LA cheaper to live in?
Monroe, LA is more affordable. The cost of living difference is 13.5 index points (Lakeland, FL: 97.1, Monroe, LA: 83.6).
Where is housing cheaper, Lakeland, FL or Monroe, LA?
Housing is more affordable in Monroe, LA. Housing index: Lakeland, FL (95.9) vs Monroe, LA (42.8).