Counties › Georgia

Cost of Living in Monroe County, GA

Population 29,664 · Census ACS 2020–2024 5-year estimates

Median rent$943
Median home value$271,200
Median household income$83,183

The median rent in Monroe County, GA is $943/month, 32% lower than the Georgia median and 33% lower than the U.S. median. The median home value is $271,200, 18% lower than the national median. Households earn a median of $83,183 a year, 8% higher than the state median.

Affordability

Rent as a share of median income: 13.6%
Income needed for median rent (30% rule): $37,720/yr
Home price-to-income ratio: 3.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,371/mo

Run your own numbers: mortgage calculator · hourly to salary

Monroe County vs. Georgia vs. U.S.

Monroe CountyGeorgiaU.S.
Median rent$943$1,393$1,413
Median home value$271,200$303,300$332,700
Median household income$83,183$77,353$80,734
Homeownership rate83.8%65.7%65.2%
Bachelor's degree or higher27.0%34.9%35.7%
Poverty rate12.3%13.4%12.5%
Unemployment rate2.7%5.1%5.2%
Work from home5.8%15.9%15.1%
Median age41.837.638.9

FAQ

What is the average rent in Monroe County, GA?

The median gross rent in Monroe County, GA is $943 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Monroe County, GA?

Using the common 30% rule, renting a median-priced home takes about $37,720 a year in gross income.

Is Monroe County, GA expensive to live in?

Rent there is 33% lower than the U.S. median, and the median home costs about 3.3 times the median household income.

Other counties in Georgia

Fulton County, GARent $1,732 · Income $95,292Gwinnett County, GARent $1,810 · Income $87,890Cobb County, GARent $1,730 · Income $102,738DeKalb County, GARent $1,692 · Income $80,644Chatham County, GARent $1,471 · Income $71,097Clayton County, GARent $1,433 · Income $59,806

Counties with a similar cost of living

Ogle County, ILRent $936 · Income $82,132Iowa County, WIRent $954 · Income $82,182McClain County, OKRent $954 · Income $84,552Butler County, KSRent $956 · Income $81,610Stark County, NDRent $960 · Income $84,449Limestone County, ALRent $970 · Income $83,629

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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