An amount below 100 means Louisiana is cheaper than the US average.
Louisiana cost of living is 86.9.
| COST OF LIVING | Louisiana | United States |
|---|---|---|
| Housing | 62.1 | 100 |
| Median Home Cost | $189,200 | $291,700 |
| Utilities | 89.9 | 100 |
| Transportation | 108.2 | 100 |
How much does it cost to live comfortably in Louisiana?
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.
How much does living by yourself cost?
That means the per-person average cost for a one-bedroom rented by a single person is $1,495. For a two-bedroom occupied by two people splitting monthly rent, it’s $842.50; for a three-bedroom shared by three occupants, it’s $616.67.
Is Louisiana a cheap place to live?
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 |
What is the average utility bill in Louisiana?
Utility bills include the cost of electricity, gas, water, internet, and cable. Utility costs vary greatly by state. The most expensive utility bills can be found in Alaska, with an average cost of $496 per month.
Water Prices by State 2022.
| State | Louisiana |
|---|---|
| Avg. Total Utilities | $264 |
| Electric | $118 |
| Internet | $20 |
| Nat. Gas | $55 |
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 |
Can a single person live on $25000 a year?
To live on $25,000 year, really means $25,000 after taxes. Given this, you would have about $2,100 a month for food, rent and other necessities. This could possibly be enough if you don’t own a car because if you did, there would be additional expenses for gas, repairs and insurance.
Can you live on 11 dollars an hour?
But can someone actually live on $11 an hour? In some markets, the answer is yes, but in many parts of the country, $11 is simply not enough to provide basic needs such as housing, food, clothing, and healthcare. Wal-Mart has raised its minimum hourly wage to $11, effective February.
How much does a single person spend a month?
Average monthly expenses by household size
| Household size | Average monthly spending | Average annual spending |
|---|---|---|
| One person | $3,241 | $38,895 |
| Two people | $5,271 | $63,254 |
| Three people | $5,812 | $69,740 |
| Four people | $7,005 | $84,056 |
How much money does a single person need to live comfortably?
This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.
Where is the cheapest rent in Louisiana?
The cheapest cities in Louisiana for renters
- Metairie.
- New Iberia.
- West Monroe.
- Mandeville.
- Alexandria.
- Lafayette.
- Gretna.
- Westwego.
What is the safest place to live in Louisiana?
10 Safest Cities in Louisiana for 2022
- Harahan.
- Mandeville.
- Youngsville.
- Scott.
- Kenner.
- Zachary.
- Broussard.
- Gretna.
What is the best part of Louisiana to live in?
Best Places to Live in Louisiana in 2022-2023
- Baton Rouge, LA.
- Lafayette, LA.
- New Orleans, LA.
- Shreveport, LA.
How much is electricity a month in Louisiana?
Electricity bills in Louisiana
In Louisiana, the average monthly electricity bill for residential consumers is $183/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,585 kWh * 12 ¢/kWh.
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
Is Louisiana cheaper than Texas?
Louisiana is 0.3% cheaper than Texas.
What is the lowest paying job in Louisiana?
Detailed List Of The Lowest Paying Jobs In Louisiana
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Counter Attendants, Cafeteria, Food Concession, And Coffee Shop | $18,420 |
| 2 | Waiters And Waitresses | $18,630 |
| 3 | Food Preparation Workers | $18,820 |
| 4 | Dishwashers | $18,860 |
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 |
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 |
Is $20000 a year poverty?
Poverty, as defined by the government, takes into account income and the number of people in the household. At around $20,000, families of three or larger are considered impoverished. (The poverty level is $11,880 for one person and $16,020 for two people.)
What is the average yearly income in Louisiana?
Table
| Population | |
|---|---|
| Transportation | |
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 25.8 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $50,800 |