CostIndexUSA

Monroe, LA vs Ocala, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableLA
Monroe
83.6
overall index
$1,100/mo rent
FL
Ocala
95.2
overall index
$1,600/mo rent

Monroe is moderately cheaper than Ocala — 13.9% lower overall cost of living.

To match an $80,000 salary in Monroe, you would need $91,100 in Ocala. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+101.4%
Monroe
42.8
Ocala
86.2
🛒 Groceries+2.7%
Monroe
93.7
Ocala
96.2
🚗 Transportation+3.3%
Monroe
100.5
Ocala
103.8
🏥 Healthcare+3.3%
Monroe
90.9
Ocala
93.9
Utilities+20.6%
Monroe
72.2
Ocala
87.1

Salary Equivalency Calculator

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

$
Equivalent salary in Ocala, FL
$91,100
$11,100 more needed in Ocala

Formula: salary × (95.2 ÷ 83.6) = salary × 1.1388. Based on BEA Regional Price Parities.

Housing Market

Monroe, LA

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

Ocala, FL

Median Home Price
$271,000
Median Monthly Rent
$1,600
Housing Index
86.2
Price-to-Rent Ratio
14.1×

Ocala has 101.4% higher housing costs compared to Monroe.

Income & Job Market

Monroe, LA

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

Ocala, FL

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
63,591
Top Industries
HealthcareEquestrianManufacturingRetailAgriculture

Affordability at a Glance

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

Monroe, LA
3.8×income-to-rent ratio

74% of income left after rent (median)

Ocala, FL
3.1×income-to-rent ratio

67% 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.