CostIndexUSA

Henderson, NV vs Monroe, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NV
Henderson
100.2
overall index
$1,725/mo rent
More AffordableLA
Monroe
83.6
overall index
$1,100/mo rent

Monroe is significantly cheaper than Henderson — 16.6% lower overall cost of living.

To match an $80,000 salary in Henderson, you would need $66,700 in Monroe. Calculate your salary ↓

Category Breakdown

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

🏠 Housing−62.9%
Henderson
115.5
Monroe
42.8
🛒 Groceries−2.7%
Henderson
96.3
Monroe
93.7
🚗 Transportation−3.1%
Henderson
103.7
Monroe
100.5
🏥 Healthcare−3.1%
Henderson
93.8
Monroe
90.9
⚡ Utilities−20.3%
Henderson
90.6
Monroe
72.2

Salary Equivalency Calculator

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

$
→
Equivalent salary in Monroe, LA
$66,700
$13,300 less needed in Monroe

Formula: salary × (83.6 ÷ 100.2) = salary × 0.8343. Based on BEA Regional Price Parities.

Housing Market

Henderson, NV

Median Home Price
$426,000
Median Monthly Rent
$1,725
Housing Index
115.5
Price-to-Rent Ratio
20.6×

Monroe, LA

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

Henderson has 62.9% lower housing costs compared to Monroe.

Income & Job Market

Henderson, NV

Median Household Income
$75,100
Per Capita Income
$42,800
Unemployment Rate
4.9%
Population
320,189
Top Industries
TourismHealthcareRetailConstructionFinance

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).

Henderson, NV
3.6×income-to-rent ratio

72% of income left after rent (median)

Monroe, LA
3.8×income-to-rent ratio

74% of income left after rent (median)

Henderson vs other cities

Henderson, NV
vs
Las Vegas, NV
Index: 100.2Index: 100.2
Henderson, NV
vs
North Las Vegas, NV
Index: 100.2Index: 100.2
Henderson, NV
vs
Reno, NV
Index: 100.2Index: 101
Henderson, NV
vs
Stockton, CA
Index: 100.2Index: 105.1
Henderson, NV
vs
St. Louis, MO
Index: 100.2Index: 95.1

Monroe vs other cities

Monroe, LA
vs
Baton Rouge, LA
Index: 83.6Index: 90.8
Monroe, LA
vs
Lafayette, LA
Index: 83.6Index: 87.2
Monroe, LA
vs
Lake Charles, LA
Index: 83.6Index: 85.9
Monroe, LA
vs
Charleston, WV
Index: 83.6Index: 88.7
Monroe, LA
vs
San Luis Obispo, CA
Index: 83.6Index: 108.6

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.