Broussard, LA Cost Of Living
Cost Of Living In Broussard, LA Summary
Cost of living in Broussard 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 Broussard 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 Broussard is 96, with 100 being the average.
The cost of living index in Broussard is 1.0x lower than the national average.
Broussard ranks as the #79 cheapest in Louisiana out of 109.
Broussard ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Broussard is $236,500.
The median income in Broussard is $85,055.
Table Of Contents
Broussard's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Broussard, LA?
According to the most recent data on the cost of living, Broussard has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Louisiana, Broussard has a cost of living index that's 1.0x higher than Louisiana's index of 92.
The standard of living in Broussard ranks as #79 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Broussard ranks as the #30 most expensive place in the Pelican State.
For more reading on life in Broussard, check out:
- Living In Broussard
- Broussard Crime Report
- Search Homes For Sale In Broussard, LA
In Louisiana
In America
Broussard Cost Of Living Vs. Louisiana
Six factors go into calculating the cost of living index in Broussard. Here is how it fairs on each of the criteria:
The Services index in Broussard is 97.
The Groceries index in Broussard is 100.
The Health index in Broussard is 94.
The Housing index in Broussard is 100.
The Transportation index in Broussard is 101.
The Utilities index in Broussard is 92.
| Living Expense | Broussard | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 96 | 92 | 100 | |
| Services | 97 | 96 | 100 | |
| Groceries | 100 | 96 | 100 | |
| Health | 94 | 99 | 100 | |
| Housing | 100 | 83 | 100 | |
| Transportation | 101 | 96 | 100 | |
| Utilities | 92 | 86 | 100 | |
Broussard, LA Housing Cost Breakdown
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 Broussard is $236,500.
The Median Rent in Broussard is $930.
The Median Income in Broussard is $85,055.
The Home Value To Income in Broussard is 2.8x.
The Rent To Monthly Income in Broussard is 0.13x.
| Statistic | Broussard | Louisiana | United States |
|---|---|---|---|
| Median Home Value | $236,500 | $174,000 | $244,900 |
| Median Rent | $930 | $923 | $1,163 |
| Median Income | $85,055 | $53,571 | $69,021 |
| Home Value To Income | 2.8x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Broussard, LA Costs By Category
Detailed Broussard Services Costs Vs. Louisiana
Detailed Broussard Groceries Costs Vs. Louisiana
Detailed Broussard Health Costs Vs. Louisiana
Detailed Broussard Transportation Costs Vs. Louisiana
Detailed Broussard Utilities Costs Vs. Louisiana
Broussard SnackAbility
/10
Cost Of Living In Cities Around Broussard
The cost of living varies in the cities and towns around Broussard. Here's a quick look at the cost of living in the most populous nearby places:
Lafayette, LA has a cost of living index of 95, 1.0x Broussard.
New Iberia, LA has a cost of living index of 87, 0.9x Broussard.
Youngsville, LA has a cost of living index of 105, 1.1x Broussard.
| City | Population | Cost Of Living | Vs. Broussard |
|---|---|---|---|
| Lafayette, LA | 122,469 | 95 | 1.0x |
| New Iberia, LA | 28,844 | 87 | 0.9x |
| Youngsville, LA | 15,167 | 105 | 1.1x |
| Abbeville, LA | 11,313 | 81 | 0.8x |
| Carencro, LA | 9,531 | 92 | 1.0x |
| Scott, LA | 8,200 | 92 | 1.0x |
| Breaux Bridge, LA | 7,711 | 96 | 1.0x |
| Rayne, LA | 7,332 | 83 | 0.9x |
| St. Martinville, LA | 5,602 | 79 | 0.8x |
