NEW YORK – A new study from SmartAsset ranks the most affordable places to live in Louisiana.
2021 Study: Most Affordable Places to Live in Louisiana.
| City, State | Carlyss, LA |
|---|---|
| Annual Homeowner’s Insurance | $1,301 |
| Avg. Annual Mortgage Payment | $4,470 |
| Median Income | $49,619 |
| Affordability Index | 47.97 |
Is Louisiana an affordable place to live?
So where is the cheapest place to live in Louisiana? According to HomeSnacks, this small town in the heart of Louisiana is the most affordable place to live in the entire state. The average income is $32,538 while the median rent is $444 and the median home value is $69,400.
Is living in Louisiana expensive?
The cost of living in Louisiana is 7% lower than the national average. Housing is 12% lower than the national average, while utilities are 14% lower. When it comes to basic necessities such as food and clothing, groceries are around 2% lower than in the rest of the country, while clothing costs 2% lower.
Is rent expensive in Louisiana?
Louisiana Housing Costs
The typical renter in Louisiana spends $850 a month on housing, $173 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $721, while the typical rent for a unit with five or more bedrooms is $1,140.
What state is the cheapest to live in?
Mississippi
1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
How much money do you need to live in Louisiana?
Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Required annual income after taxes | $27,557 | $75,554 |
| Annual taxes | $6,029 | $18,829 |
| Required annual income before taxes | $33,585 | $94,383 |
Is food expensive in Louisiana?
Just as food costs are lower than average in Louisiana, so, too, are incomes. The typical family in the state earns $65,427 a year, compared to the national average of $80,069. Louisiana residents are more likely to rely on government assistance to afford groceries than the typical American.
Is Louisiana a good state to move to?
Louisiana is a great place to live because of its vibrant culture, low cost of living, and comfortable weather all year long.
Is Louisiana cheaper than Texas?
Louisiana is 0.3% cheaper than Texas.
How much are bills in Louisiana?
Louisiana cost of living is 86.9
| COST OF LIVING | Louisiana | United States |
|---|---|---|
| Median Home Cost | $189,200 | $291,700 |
| Utilities | 89.9 | 100 |
| Transportation | 108.2 | 100 |
| Miscellaneous | 95.6 | 100 |
Is it cheaper to live in Louisiana or Florida?
Louisiana is 7.9% cheaper than Florida.
How much does an average house in Louisiana cost?
According to estimates from Zillow, a Seattle-based real estate data company, the value of a typical single-family home in Louisiana is $193,114, lower than the national average.
What is the gas prices in Louisiana?
Louisiana average gas prices
| Regular | Mid-Grade | |
|---|---|---|
| Current Avg. | $4.368 | $4.728 |
| Yesterday Avg. | $4.379 | $4.743 |
| Week Ago Avg. | $4.448 | $4.809 |
| Month Ago Avg. | $4.314 | $4.624 |
Where can I live for $500 a month in USA?
Without further ado – and in no particular order – here’s what $500 per month can get you in ten affordable U.S. cities:
- Greenville, OH. Listing: Wayne Crossing.
- Wichita, KS. Listing: Eagle Creek.
- Lawton, OK. Listing: Sheridan Square Apartments.
- Amarillo, TX.
- Indianapolis, IN.
- Searcy, AR.
- Shreveport, LA.
- Jackson, MS.
What is the best state to live in financially?
The five best states for your personal finances in 2022 are (No. 1 being best): Tennessee.
- New Jersey.
- Hawaii.
- Connecticut.
- Alaska.
- Illinois.
What US city has lowest cost of living?
Wichita Falls, Texas
Wichita Falls, Texas, was named the city with the lowest cost of living. Visit Business Insider’s homepage for more stories.
What is a good hourly wage in Louisiana?
Hourly Rate Salary in Louisiana
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $64,680 | $31 |
| 75th Percentile | $39,743 | $19 |
| Average | $37,886 | $18 |
| 25th Percentile | $22,988 | $11 |
What is the best paying job in Louisiana?
Family Practitioner
Detailed List Of Highest Paying Jobs In Louisiana
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Family Practitioner | $163,062 |
| 2 | Industrial Truck Driver | $155,716 |
| 3 | Owner/operator | $149,096 |
| 4 | Engineering And Operations Director | $139,071 |
What jobs are in demand in Louisiana?
Detailed List Of The Fastest Growing Jobs In Louisiana
| Rank | Job Title | Average Wage |
|---|---|---|
| 1 | Software Engineer | $72,270 |
| 2 | Software Developer | $74,000 |
| 3 | Home Health Aid | $19,820 |
| 4 | Physical Therapist Assistant | $46,060 |
How much is a loaf of bread in Louisiana?
Food prices
| Markets | Edit |
|---|---|
| Loaf of Fresh White Bread (1 lb) | 3.71$ |
| Rice (white), (1 lb) | 1.79$ |
| Eggs (regular) (12) | 3.00$ |
| Local Cheese (1 lb) | 6.02$ |
How much spending money will I need for a week in New Orleans?
A vacation to New Orleans for one week usually costs around $1,336 for one person. So, a trip to New Orleans for two people costs around $2,672 for one week. A trip for two weeks for two people costs $5,344 in New Orleans.