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Cost of Living in Monroe County, WI

Population 46,208 · Census ACS 2020–2024 5-year estimates

Median rent$914
Median home value$210,000
Median household income$69,467

The median rent in Monroe County, WI is $914/month, 16% lower than the Wisconsin median and 35% lower than the U.S. median. The median home value is $210,000, 37% lower than the national median. Households earn a median of $69,467 a year, 10% lower than the state median.

Affordability

Rent as a share of median income: 15.8%
Income needed for median rent (30% rule): $36,560/yr
Home price-to-income ratio: 3.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,062/mo

Run your own numbers: mortgage calculator · hourly to salary

Monroe County vs. Wisconsin vs. U.S.

Monroe CountyWisconsinU.S.
Median rent$914$1,087$1,413
Median home value$210,000$266,500$332,700
Median household income$69,467$77,485$80,734
Homeownership rate72.8%67.8%65.2%
Bachelor's degree or higher21.3%33.4%35.7%
Poverty rate11.7%10.6%12.5%
Unemployment rate3.2%3.2%5.2%
Work from home9.0%13.1%15.1%
Median age39.740.238.9

FAQ

What is the average rent in Monroe County, WI?

The median gross rent in Monroe County, WI is $914 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $36,560 a year in gross income.

Is Monroe County, WI expensive to live in?

Rent there is 35% lower than the U.S. median, and the median home costs about 3.0 times the median household income.

Other counties in Wisconsin

Milwaukee County, WIRent $1,101 · Income $64,435Dane County, WIRent $1,398 · Income $89,975Waukesha County, WIRent $1,356 · Income $106,076Brown County, WIRent $1,031 · Income $79,649Racine County, WIRent $1,080 · Income $78,096Outagamie County, WIRent $1,057 · Income $85,069

Counties with a similar cost of living

Caledonia County, VTRent $920 · Income $69,970Schoharie County, NYRent $909 · Income $70,133Cass County, MIRent $916 · Income $70,443Clinton County, OHRent $910 · Income $70,407Dawson County, NERent $925 · Income $69,880Niagara County, NYRent $899 · Income $69,633

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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