Cost of Living in Monrovia, CA
Population: 37,553 • 2026 Data
$97,083
Median Household Income
+25% vs national
$2,009
Median Monthly Rent
+49% vs national
$891,700
Median Home Value
+163% vs national
5.2%
Unemployment Rate
Housing in Monrovia
The median home value in Monrovia, CA is $891,700. Monthly rent for a typical unit averages $2,009, while total monthly housing costs (including utilities and insurance) average $2,092.
Rent-to-income ratio: 24.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Monrovia, CA is $97,083. The unemployment rate stands at 5.2%, with a labor force of 20,354 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.