Cost of living in Bayou Cane 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 Bayou Cane 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 Bayou Cane is 93, with 100 being the average.
The cost of living index in Bayou Cane is 0.9x lower than the national average.
Bayou Cane ranks as the #68 cheapest in Louisiana out of 109.
Bayou Cane ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Bayou Cane is $167,200.
The median income in Bayou Cane is $67,035.
According to the most recent data on the cost of living, Bayou Cane has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Bayou Cane has a cost of living index that's 1.0x higher than Louisiana's index of 92.
The standard of living in Bayou Cane ranks as #68 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Bayou Cane ranks as the #41 most expensive place in the Pelican State.
For more reading on life in Bayou Cane, check out:
Six factors go into calculating the cost of living index in Bayou Cane. Here is how it fairs on each of the criteria:
The Services index in Bayou Cane is 97.
The Groceries index in Bayou Cane is 97.
The Health index in Bayou Cane is 98.
The Housing index in Bayou Cane is 88.
The Transportation index in Bayou Cane is 99.
The Utilities index in Bayou Cane is 91.
Living Expense | Bayou Cane | Louisiana | National Average | |
---|---|---|---|---|
Overall | 93 | 92 | 100 | |
Services | 97 | 96 | 100 | |
Groceries | 97 | 96 | 100 | |
Health | 98 | 99 | 100 | |
Housing | 88 | 83 | 100 | |
Transportation | 99 | 96 | 100 | |
Utilities | 91 | 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 Bayou Cane is $167,200.
The Median Rent in Bayou Cane is $966.
The Median Income in Bayou Cane is $67,035.
The Home Value To Income in Bayou Cane is 2.5x.
The Rent To Monthly Income in Bayou Cane is 0.17x.
Statistic | Bayou Cane | Louisiana | United States |
---|---|---|---|
Median Home Value | $167,200 | $174,000 | $244,900 |
Median Rent | $966 | $923 | $1,163 |
Median Income | $67,035 | $53,571 | $69,021 |
Home Value To Income | 2.5x | 3.2x | 3.5x |
Rent To Monthly Income | 0.17x | 0.21x | 0.2x |
Item | Bayou Cane | Louisiana |
---|---|---|
Shampoo | $0.93 | $1.06 |
Movie | $10.99 | $10.68 |
Bowling | $13.17 | $14.67 |
Haircut | $20.87 | $18.62 |
Beauty Salon | $31.56 | $39.05 |
Item | Bayou Cane | Louisiana |
---|---|---|
Ground Beef | $4.69 | $4.22 |
Fried Chicken | $0.99 | $1.39 |
Milk | $2.13 | $2.05 |
Potatoes | $3.94 | $3.29 |
Pizza | $8.49 | $10.62 |
Beer | $8.65 | $9.38 |
Toothpaste | $2.61 | $2.34 |
Item | Bayou Cane | Louisiana |
---|---|---|
Optometrist | $90.5 | $108.57 |
Doctor | $75.0 | $116.17 |
Dentist | $114.59 | $99.13 |
Item | Bayou Cane | Louisiana |
---|---|---|
Gasoline | $2.0 | $2.22 |
Tire Balancing | $56.83 | $50.07 |
Item | Bayou Cane | Louisiana |
---|---|---|
All Electricity | $148.8 | $167.67 |
Phone | $180.18 | $175.64 |
The cost of living varies in the cities and towns around Bayou Cane. Here's a quick look at the cost of living in the most populous nearby places:
Houma, LA has a cost of living index of 93, 1.0x Bayou Cane.
Thibodaux, LA has a cost of living index of 91, 1.0x Bayou Cane.
Bayou Blue, LA has a cost of living index of 92, 1.0x Bayou Cane.
City | Population | Cost Of Living | Vs. Bayou Cane |
---|---|---|---|
Houma, LA | 33,461 | 93 | 1.0x |
Thibodaux, LA | 15,242 | 91 | 1.0x |
Bayou Blue, LA | 11,229 | 92 | 1.0x |
Raceland, LA | 11,002 | 90 | 1.0x |
Gray, LA | 6,208 | 87 | 0.9x |
Schriever, LA | 5,639 | 88 | 0.9x |
Chackbay, LA | 5,404 | 91 | 1.0x |