CICostIndexUSA

Monroe, LA vs Yonkers, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableLA
Monroe
83.6
overall index
$1,275/mo rent
NY
Yonkers
112.6
overall index
$3,575/mo rent

Monroe is dramatically cheaper than Yonkers — 34.7% lower overall cost of living.

To match an $80,000 salary in Monroe, you would need $107,800 in Yonkers. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+247.2%
Monroe
42.8
Yonkers
148.6
🛒 Groceries+17.7%
Monroe
93.7
Yonkers
110.3
🚗 Transportation+10.5%
Monroe
100.5
Yonkers
111.1
🏥 Healthcare+10.6%
Monroe
90.9
Yonkers
100.5
Utilities+75.9%
Monroe
72.2
Yonkers
127

Salary Equivalency Calculator

Enter your current salary in Monroe to see what you'd need to earn in Yonkers to maintain the same purchasing power.

$
Equivalent salary in Yonkers, NY
$107,800
$27,800 more needed in Yonkers

Formula: salary × (112.6 ÷ 83.6) = salary × 1.3469. Based on BEA Regional Price Parities.

Housing Market

Monroe, LA

Median Home Price
$168,000
Median Monthly Rent
$1,275
Housing Index
42.8
Price-to-Rent Ratio
11.0×

Yonkers, NY

Median Home Price
$735,000
Median Monthly Rent
$3,575
Housing Index
148.6
Price-to-Rent Ratio
17.1×

Yonkers has 247.2% higher housing costs compared to Monroe.

Income & Job Market

Monroe, LA

Median Household Income
$56,500
Per Capita Income
$32,200
Unemployment Rate
4.7%
Population
47,252
Top Industries
HealthcareEducationManufacturingGovernmentRetail

Yonkers, NY

Median Household Income
$99,900
Per Capita Income
$56,900
Unemployment Rate
5.7%
Population
211,569
Top Industries
HealthcareFinanceRetailManufacturingEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Monroe, LA
3.7×income-to-rent ratio

73% of income left after rent (median)

Yonkers, NY
2.3×income-to-rent ratio

57% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.