CostByCity

Monroe, LA vs Sherman, TX

Cost of Living Comparison

Monroe, LA is more affordable by 10.2 index points

Side-by-Side Comparison

CategoryMonroe, LASherman, TXDifference
Overall83.693.8-10.2
Housing42.889.5-46.7
Goods93.793.8-0.1
Utilities72.283.3-11.1
Other Services95.796.2-0.5

Income & Housing Comparison

MetricMonroe, LASherman, TX
Median Household Income$47,351$66,608
Median Home Value$158,100$206,900
Median Monthly Rent$859$1,096
Per Capita Income$28,677$34,643

Frequently Asked Questions

Is Monroe, LA or Sherman, TX cheaper to live in?
Monroe, LA is more affordable. The cost of living difference is 10.2 index points (Monroe, LA: 83.6, Sherman, TX: 93.8).
Where is housing cheaper, Monroe, LA or Sherman, TX?
Housing is more affordable in Monroe, LA. Housing index: Monroe, LA (42.8) vs Sherman, TX (89.5).