CostIndexUSA

Clarksville, TN vs Monroe, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TN
Clarksville
90.9
overall index
$1,350/mo rent
More AffordableLA
Monroe
83.6
overall index
$1,100/mo rent

Monroe is moderately cheaper than Clarksville — 8.0% lower overall cost of living.

To match an $80,000 salary in Clarksville, you would need $73,600 in Monroe. Calculate your salary ↓

Category Breakdown

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

🏠 Housing42.0%
Clarksville
73.8
Monroe
42.8
🛒 Groceries2.6%
Clarksville
96.2
Monroe
93.7
🚗 Transportation≈ Equal
Clarksville
100.3
Monroe
100.5
🏥 Healthcare≈ Equal
Clarksville
90.7
Monroe
90.9
Utilities≈ Equal
Clarksville
72.5
Monroe
72.2

Salary Equivalency Calculator

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

$
Equivalent salary in Monroe, LA
$73,600
$6,400 less needed in Monroe

Formula: salary × (83.6 ÷ 90.9) = salary × 0.9197. Based on BEA Regional Price Parities.

Housing Market

Clarksville, TN

Median Home Price
$289,000
Median Monthly Rent
$1,350
Housing Index
73.8
Price-to-Rent Ratio
17.8×

Monroe, LA

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

Clarksville has 42.0% lower housing costs compared to Monroe.

Income & Job Market

Clarksville, TN

Median Household Income
$67,100
Per Capita Income
$38,200
Unemployment Rate
5.6%
Population
166,722
Top Industries
MilitaryHealthcareManufacturingRetailEducation

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).

Clarksville, TN
4.1×income-to-rent ratio

76% 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.