Cost of living in DeRidder 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 DeRidder 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 DeRidder is 83, with 100 being the average.
The cost of living index in DeRidder is 0.8x lower than the national average.
DeRidder ranks as the #14 cheapest in Louisiana out of 109.
DeRidder ranks as the #491 cheapest out of 6,412 in the US.
The median home value in DeRidder is $137,200.
The median income in DeRidder is $50,889.
According to the most recent data on the cost of living, DeRidder has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Louisiana, DeRidder has a cost of living index that's 0.9x lower than Louisiana's index of 92.
The standard of living in DeRidder ranks as #14 most affordable out of the 109 places we measured in Louisiana. By definition, that implies DeRidder ranks as the #95 most expensive place in the Pelican State.
For more reading on life in DeRidder, check out:
Six factors go into calculating the cost of living index in DeRidder. Here is how it fairs on each of the criteria:
The Services index in DeRidder is 86.
The Groceries index in DeRidder is 97.
The Health index in DeRidder is 93.
The Housing index in DeRidder is 71.
The Transportation index in DeRidder is 95.
The Utilities index in DeRidder is 74.
Living Expense | DeRidder | Louisiana | National Average | |
---|---|---|---|---|
Overall | 83 | 92 | 100 | |
Services | 86 | 96 | 100 | |
Groceries | 97 | 96 | 100 | |
Health | 93 | 99 | 100 | |
Housing | 71 | 83 | 100 | |
Transportation | 95 | 96 | 100 | |
Utilities | 74 | 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 DeRidder is $137,200.
The Median Rent in DeRidder is $826.
The Median Income in DeRidder is $50,889.
The Home Value To Income in DeRidder is 2.7x.
The Rent To Monthly Income in DeRidder is 0.19x.
Statistic | DeRidder | Louisiana | United States |
---|---|---|---|
Median Home Value | $137,200 | $174,000 | $244,900 |
Median Rent | $826 | $923 | $1,163 |
Median Income | $50,889 | $53,571 | $69,021 |
Home Value To Income | 2.7x | 3.2x | 3.5x |
Rent To Monthly Income | 0.19x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around DeRidder. Here's a quick look at the cost of living in the most populous nearby places:
Lake Charles, LA has a cost of living index of 86, 1.0x DeRidder.
Sulphur, LA has a cost of living index of 85, 1.0x DeRidder.
Moss Bluff, LA has a cost of living index of 91, 1.1x DeRidder.
City | Population | Cost Of Living | Vs. DeRidder |
---|---|---|---|
Lake Charles, LA | 83,444 | 86 | 1.0x |
Sulphur, LA | 21,490 | 85 | 1.0x |
Moss Bluff, LA | 11,453 | 91 | 1.1x |
Fort Polk South, LA | 9,248 | 101 | 1.2x |
Prien, LA | 8,147 | 92 | 1.1x |
Oakdale, LA | 7,092 | 75 | 0.9x |
Leesville, LA | 5,666 | 82 | 1.0x |