Cost of living in Addis research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Addis is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Louisiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Addis is 99, with 100 being the average.
The cost of living index in Addis is 1.0x lower than the national average.
Addis ranks as the #90 cheapest in Louisiana out of 109.
Addis ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Addis is $209,700.
The median income in Addis is $81,681.
According to the most recent data on the cost of living, Addis has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Louisiana, Addis has a cost of living index that's 1.1x higher than Louisiana's index of 92.
The standard of living in Addis ranks as #90 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Addis ranks as the #19 most expensive place in the Pelican State.
For more reading on life in Addis, check out:
Six factors go into calculating the cost of living index in Addis. Here is how it fairs on each of the criteria:
The Services index in Addis is 103.
The Groceries index in Addis is 99.
The Health index in Addis is 105.
The Housing index in Addis is 98.
The Transportation index in Addis is 93.
The Utilities index in Addis is 79.
Living Expense | Addis | Louisiana | National Average | |
---|---|---|---|---|
Overall | 99 | 92 | 100 | |
Services | 103 | 96 | 100 | |
Groceries | 99 | 96 | 100 | |
Health | 105 | 99 | 100 | |
Housing | 98 | 83 | 100 | |
Transportation | 93 | 96 | 100 | |
Utilities | 79 | 86 | 100 |
Housing swings affordability the most between places in Louisiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Addis is $209,700.
The Median Rent in Addis is $896.
The Median Income in Addis is $81,681.
The Home Value To Income in Addis is 2.6x.
The Rent To Monthly Income in Addis is 0.13x.
Statistic | Addis | Louisiana | United States |
---|---|---|---|
Median Home Value | $209,700 | $174,000 | $244,900 |
Median Rent | $896 | $923 | $1,163 |
Median Income | $81,681 | $53,571 | $69,021 |
Home Value To Income | 2.6x | 3.2x | 3.5x |
Rent To Monthly Income | 0.13x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Addis. Here's a quick look at the cost of living in the most populous nearby places:
Baton Rouge, LA has a cost of living index of 95, 1.0x Addis.
Prairieville, LA has a cost of living index of 104, 1.1x Addis.
Central, LA has a cost of living index of 96, 1.0x Addis.
City | Population | Cost Of Living | Vs. Addis |
---|---|---|---|
Baton Rouge, LA | 225,539 | 95 | 1.0x |
Prairieville, LA | 34,118 | 104 | 1.1x |
Central, LA | 29,746 | 96 | 1.0x |
Shenandoah, LA | 20,068 | 108 | 1.1x |
Baker, LA | 12,736 | 90 | 0.9x |
Gardere, LA | 10,971 | 94 | 0.9x |
Oak Hills Place, LA | 9,201 | 111 | 1.1x |
Merrydale, LA | 8,889 | 89 | 0.9x |
St. Gabriel, LA | 7,046 | 91 | 0.9x |
Plaquemine, LA | 6,187 | 90 | 0.9x |