CostIndexUSA

Greenville, SC vs Monroe, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

SC
Greenville
93.3
overall index
$1,550/mo rent
More AffordableLA
Monroe
83.6
overall index
$1,100/mo rent

Monroe is moderately cheaper than Greenville — 10.4% lower overall cost of living.

To match an $80,000 salary in Greenville, you would need $71,700 in Monroe. Calculate your salary ↓

Category Breakdown

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

🏠 Housing44.3%
Greenville
76.8
Monroe
42.8
🛒 Groceries2.7%
Greenville
96.3
Monroe
93.7
🚗 Transportation2.6%
Greenville
103.2
Monroe
100.5
🏥 Healthcare2.7%
Greenville
93.4
Monroe
90.9
Utilities18.7%
Greenville
88.8
Monroe
72.2

Salary Equivalency Calculator

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

$
Equivalent salary in Monroe, LA
$71,700
$8,300 less needed in Monroe

Formula: salary × (83.6 ÷ 93.3) = salary × 0.8960. Based on BEA Regional Price Parities.

Housing Market

Greenville, SC

Median Home Price
$303,000
Median Monthly Rent
$1,550
Housing Index
76.8
Price-to-Rent Ratio
16.3×

Monroe, LA

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

Greenville has 44.3% lower housing costs compared to Monroe.

Income & Job Market

Greenville, SC

Median Household Income
$69,400
Per Capita Income
$39,600
Unemployment Rate
3.5%
Population
72,885
Top Industries
ManufacturingHealthcareTechnologyAutomotiveFinance

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).

Greenville, SC
3.7×income-to-rent ratio

73% 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.