West Monroe, LA

Very Low · 56

Louisiana · Population 12,837 · Updated March 2026

$815
Median Rent / Month
$46,663
Median Income
$174,400
Median Home Value
$784
Owner Costs / Month

Affordability

How far your income goes in West Monroe

21.0%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Louisiana

State-level tax rates that affect your costs

4.25%
Income Tax (Top Rate)
4.45%
Sales Tax
0.55%
Property Tax Rate

Estimated Annual Costs

$9,780
Annual Rent
$1,983
State Income Tax
$959
Property Tax (est.)

Cost of Living Overview

West Monroe is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 56 (where 100 equals the national median), West Monroe residents can expect to pay median rent of $815/month while earning a median household income of $46,663/year.

The median home value in West Monroe, LA is $174,400, with typical monthly owner costs around $784 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.0% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Louisiana has a moderate income tax rate of 4.25%. Combined with a 4.45% sales tax rate and 0.55% effective property tax rate, the overall tax environment is a factor in the total cost of living in West Monroe.

Frequently Asked Questions

Common questions about living costs in West Monroe

What is the cost of living in West Monroe, LA?
The cost of living index in West Monroe, LA is 56 (US average = 100). Median monthly rent is $815, median household income is $46,663/year, and the median home value is $174,400.
Is West Monroe, LA affordable?
Yes, West Monroe is more affordable than the national average with a cost index of 56. The rent-to-income ratio is 21.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in West Monroe, LA?
The median gross rent in West Monroe, LA is $815 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $9,780.
What is the median household income in West Monroe?
The median household income in West Monroe, LA is $46,663 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Louisiana?
Louisiana has a top income tax rate of 4.25%, a sales tax of 4.45%, and an effective property tax rate of 0.55%.