Cost of living in Baker 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 Baker 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 Baker is 90, with 100 being the average.
The cost of living index in Baker is 0.9x lower than the national average.
Baker ranks as the #46 cheapest in Louisiana out of 109.
Baker ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Baker is $127,900.
The median income in Baker is $55,371.
According to the most recent data on the cost of living, Baker has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Baker has a cost of living index that's 1.0x lower than Louisiana's index of 92.
The standard of living in Baker ranks as #46 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Baker ranks as the #63 most expensive place in the Pelican State.
For more reading on life in Baker, check out:
Six factors go into calculating the cost of living index in Baker. Here is how it fairs on each of the criteria:
The Services index in Baker is 106.
The Groceries index in Baker is 99.
The Health index in Baker is 101.
The Housing index in Baker is 73.
The Transportation index in Baker is 92.
The Utilities index in Baker is 76.
Living Expense | Baker | Louisiana | National Average | |
---|---|---|---|---|
Overall | 90 | 92 | 100 | |
Services | 106 | 96 | 100 | |
Groceries | 99 | 96 | 100 | |
Health | 101 | 99 | 100 | |
Housing | 73 | 83 | 100 | |
Transportation | 92 | 96 | 100 | |
Utilities | 76 | 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 Baker is $127,900.
The Median Rent in Baker is $982.
The Median Income in Baker is $55,371.
The Home Value To Income in Baker is 2.3x.
The Rent To Monthly Income in Baker is 0.21x.
Statistic | Baker | Louisiana | United States |
---|---|---|---|
Median Home Value | $127,900 | $174,000 | $244,900 |
Median Rent | $982 | $923 | $1,163 |
Median Income | $55,371 | $53,571 | $69,021 |
Home Value To Income | 2.3x | 3.2x | 3.5x |
Rent To Monthly Income | 0.21x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Baker. 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, 1.1x Baker.
Central, LA has a cost of living index of 96, 1.1x Baker.
Shenandoah, LA has a cost of living index of 108, 1.2x Baker.
City | Population | Cost Of Living | Vs. Baker |
---|---|---|---|
Baton Rouge, LA | 225,539 | 95 | 1.1x |
Central, LA | 29,746 | 96 | 1.1x |
Shenandoah, LA | 20,068 | 108 | 1.2x |
Zachary, LA | 19,278 | 101 | 1.1x |
Gardere, LA | 10,971 | 94 | 1.0x |
Oak Hills Place, LA | 9,201 | 111 | 1.2x |
Merrydale, LA | 8,889 | 89 | 1.0x |
Village St. George, LA | 8,786 | 97 | 1.1x |
Brownfields, LA | 5,895 | 91 | 1.0x |