Counties › Pennsylvania

Cost of Living in Monroe County, PA

Population 167,515 · Census ACS 2020–2024 5-year estimates

Median rent$1,393
Median home value$267,600
Median household income$83,565

The median rent in Monroe County, PA is $1,393/month, 15% higher than the Pennsylvania median and about the same as the U.S. median. The median home value is $267,600, 20% lower than the national median. Households earn a median of $83,565 a year, 7% higher than the state median.

Affordability

Rent as a share of median income: 20.0%
Income needed for median rent (30% rule): $55,720/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,353/mo

Run your own numbers: mortgage calculator · hourly to salary

Monroe County vs. Pennsylvania vs. U.S.

Monroe CountyPennsylvaniaU.S.
Median rent$1,393$1,209$1,413
Median home value$267,600$254,500$332,700
Median household income$83,565$77,971$80,734
Homeownership rate80.2%69.3%65.2%
Bachelor's degree or higher27.4%35.2%35.7%
Poverty rate10.7%11.7%12.5%
Unemployment rate6.9%5.3%5.2%
Work from home11.4%15.6%15.1%
Median age44.140.938.9

FAQ

What is the average rent in Monroe County, PA?

The median gross rent in Monroe County, PA is $1,393 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $55,720 a year in gross income.

Is Monroe County, PA expensive to live in?

Rent there is about the same as the U.S. median, and the median home costs about 3.2 times the median household income.

Other counties in Pennsylvania

Philadelphia County, PARent $1,397 · Income $61,953Allegheny County, PARent $1,153 · Income $78,548Montgomery County, PARent $1,683 · Income $113,915Bucks County, PARent $1,605 · Income $114,764Delaware County, PARent $1,372 · Income $89,546Lancaster County, PARent $1,357 · Income $86,959

Counties with a similar cost of living

Johnson County, TXRent $1,398 · Income $84,859Cook County, ILRent $1,435 · Income $83,498Archuleta County, CORent $1,432 · Income $83,065Galveston County, TXRent $1,404 · Income $86,105Bastrop County, TXRent $1,410 · Income $86,226Hampshire County, MARent $1,388 · Income $87,001

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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