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Oct 10, 2024 · The cost of living in Louisiana is $1967, which is 1.12 times less expensive than the average in the United States. Louisiana ranked 38th most expensive and 34th best state to live in the United States. The average salary after taxes in Louisiana is $3565, which is enough to cover living expenses for 1.8 months.
Mar 18, 2024 · Pros of Living in Louisiana. 1. Life in Louisiana is Affordable. Forget the exorbitant costs of big city life, Louisiana welcomes you with open arms and an open wallet. In fact, Louisiana clocks in as the state with the 10th lowest cost of living in the US. Here, your dollar stretches further than a bowl of jambalaya on a Mardi Gras float.
A typical home costs $184,800, which is 45.3% less expensive than the national average of $338,100 and 0.0% less expensive than the average Louisiana home, at $184,800. Renting a two-bedroom unit in Louisiana costs $1,000 per month, which is 30.1% cheaper than the national average of $1,430 and close to the state average of $1,000.
- Louisiana gets a BestPlaces Cost of Living index of 89.9, which means the total cost of housing, food, child care, transportation, health care, tax...
- Is it expensive to live in Louisiana?.
- To live comfortably in Louisiana, a minimum annual income of $35,280 for a family, and $33,200 for a single person is recommended.
Dec 24, 2023 · Low living costs, at just 13.8% of the state average, pair with affordable housing. Jennings holds the fifth lowest median home value and ranks 15th lowest for median rent in Louisiana. The overall cost of living index of 81 is supported by low index values for utilities, services, and healthcare.
Sep 25, 2024 · The federal minimum wage is $7.25 per hour while Louisiana's state law sets the minimum wage rate at $7.25 per hour in 2024. Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels. View future changes in the minimum wage in your location by visiting Minimum Wage Values in Louisiana.
City, StateCompared To National AverageCity, State New Orleans, LouisianaCompared to national average + 0.4%City, State Baton Rouge, LouisianaCompared to national average -0.8%City, State Shreveport, LouisianaCompared to national average -8.8%City, State Lafayette, LouisianaCompared to national average -2.1%This includes the cost of living, ... Louisiana became the sixth state to secede from the Union in 1861., ... Hurricane Katrina hit New Orleans and other low regions of the Gulf Coast, causing ...
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The cost of living in Louisiana is 9% lower than the national average. Housing is 18% lower than the national average, while utilities are 16% lower. When it comes to basic necessities such as food and clothing, groceries are around 3% lower than in the rest of the country, while clothing costs 3% lower. Healthcare services such as doctor check ...
