CostIndexUSA

Boise, ID vs Monroe, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ID
Boise
98.4
overall index
$1,750/mo rent
More AffordableLA
Monroe
83.6
overall index
$1,100/mo rent

Monroe is significantly cheaper than Boise — 15.0% lower overall cost of living.

To match an $80,000 salary in Boise, you would need $68,000 in Monroe. Calculate your salary ↓

Category Breakdown

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

🏠 Housing59.5%
Boise
105.6
Monroe
42.8
🛒 Groceries2.6%
Boise
96.2
Monroe
93.7
🚗 Transportation3.3%
Boise
103.9
Monroe
100.5
🏥 Healthcare3.3%
Boise
94
Monroe
90.9
Utilities+2.1%
Boise
70.7
Monroe
72.2

Salary Equivalency Calculator

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

$
Equivalent salary in Monroe, LA
$68,000
$12,000 less needed in Monroe

Formula: salary × (83.6 ÷ 98.4) = salary × 0.8496. Based on BEA Regional Price Parities.

Housing Market

Boise, ID

Median Home Price
$479,000
Median Monthly Rent
$1,750
Housing Index
105.6
Price-to-Rent Ratio
22.8×

Monroe, LA

Median Home Price
$157,000
Median Monthly Rent
$1,100
Housing Index
42.8
Price-to-Rent Ratio
11.9×

Boise has 59.5% lower housing costs compared to Monroe.

Income & Job Market

Boise, ID

Median Household Income
$82,500
Per Capita Income
$47,000
Unemployment Rate
3.3%
Population
235,984
Top Industries
TechnologyHealthcareManufacturingFinanceAgriculture

Monroe, LA

Median Household Income
$50,300
Per Capita Income
$28,700
Unemployment Rate
7.3%
Population
47,252
Top Industries
HealthcareEducationManufacturingGovernmentRetail

Affordability at a Glance

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

Boise, ID
3.9×income-to-rent ratio

75% of income left after rent (median)

Monroe, LA
3.8×income-to-rent ratio

74% 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.