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Monroe, VA Utility & Living Guide
Living in Monroe, VA offers a tranquil small-town experience with easy access to natural beauty and outdoor recreation.
Monthly Utility Costs
$128/mo
—
$40/mo
$20/mo
$60/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1100/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $1900/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 0.85% |
| Avg Childcare/mo | $900 |
The housing market in Monroe is characterized by a mix of old and new homes, with a growing demand for rentals. Home prices have been steadily increasing over the past few years. The town has a relatively low inventory of homes for sale, which can drive up prices.
Cost of Living
98
-2% below national average
95
88
105
$900
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.3% |
| Property Tax Rate | 0.85% |
| <p>State 4.3% + County 1%</p> | |
Virginia has a progressive income tax system with rates ranging from 2% to 5.75%
Family & Relocation
55
7.2/10
$900/mo
City Pulse
Monroe has limited public transportation options, but the town is relatively walkable and bikeable
- Monroe Lake
- Amherst County Recreation Center
- Sweet Briar College
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Monroe based on your household profile.
📰 Live Local News
Monroe has zoning ordinances and building codes that regulate land use and construction
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
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📊 Monroe — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Summer months bring higher electricity bills due to air conditioning usage, while winter months see increased heating costs. However, the town's mild climate means that utility costs remain relatively stable throughout the year.
🏛️ Local Tax Details
The ZIP code 24574 has a property tax millage rate of 0.85, with no local surtaxes
👶 Family & Stroller Friendliness
6/10: Monroe has decent sidewalk quality and park access, but limited elevator access in transit and some gaps in family infrastructure
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