CostIndexUSA

Lexington, KY vs Monroe, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

KY
Lexington
92.9
overall index
$1,500/mo rent
More AffordableLA
Monroe
83.6
overall index
$1,100/mo rent

Monroe is moderately cheaper than Lexington — 10.0% lower overall cost of living.

To match an $80,000 salary in Lexington, you would need $72,000 in Monroe. Calculate your salary ↓

Category Breakdown

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

🏠 Housing44.5%
Lexington
77.1
Monroe
42.8
🛒 Groceries2.6%
Lexington
96.2
Monroe
93.7
🚗 Transportation1.2%
Lexington
101.7
Monroe
100.5
🏥 Healthcare1.2%
Lexington
92
Monroe
90.9
Utilities3.2%
Lexington
74.6
Monroe
72.2

Salary Equivalency Calculator

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

$
Equivalent salary in Monroe, LA
$72,000
$8,000 less needed in Monroe

Formula: salary × (83.6 ÷ 92.9) = salary × 0.8999. Based on BEA Regional Price Parities.

Housing Market

Lexington, KY

Median Home Price
$313,000
Median Monthly Rent
$1,500
Housing Index
77.1
Price-to-Rent Ratio
17.4×

Monroe, LA

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

Lexington has 44.5% lower housing costs compared to Monroe.

Income & Job Market

Lexington, KY

Median Household Income
$70,000
Per Capita Income
$39,900
Unemployment Rate
3.8%
Population
322,570
Top Industries
HealthcareEducationManufacturingAgricultureGovernment

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).

Lexington, KY
3.9×income-to-rent ratio

74% 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.