Cost of living in Inniswold 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 Inniswold 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 Inniswold is 107, with 100 being the average.
The cost of living index in Inniswold is 1.1x higher than the national average.
Inniswold ranks as the #104 cheapest in Louisiana out of 109.
Inniswold ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Inniswold is $284,800.
The median income in Inniswold is $106,759.
According to the most recent data on the cost of living, Inniswold has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Louisiana, Inniswold has a cost of living index that's 1.2x higher than Louisiana's index of 92.
The standard of living in Inniswold ranks as #104 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Inniswold ranks as the #5 most expensive place in the Pelican State.
For more reading on life in Inniswold, check out:
Six factors go into calculating the cost of living index in Inniswold. Here is how it fairs on each of the criteria:
The Services index in Inniswold is 104.
The Groceries index in Inniswold is 96.
The Health index in Inniswold is 105.
The Housing index in Inniswold is 130.
The Transportation index in Inniswold is 95.
The Utilities index in Inniswold is 79.
Living Expense | Inniswold | Louisiana | National Average | |
---|---|---|---|---|
Overall | 107 | 92 | 100 | |
Services | 104 | 96 | 100 | |
Groceries | 96 | 96 | 100 | |
Health | 105 | 99 | 100 | |
Housing | 130 | 83 | 100 | |
Transportation | 95 | 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 Inniswold is $284,800.
The Median Rent in Inniswold is $1,223.
The Median Income in Inniswold is $106,759.
The Home Value To Income in Inniswold is 2.7x.
The Rent To Monthly Income in Inniswold is 0.14x.
Statistic | Inniswold | Louisiana | United States |
---|---|---|---|
Median Home Value | $284,800 | $174,000 | $244,900 |
Median Rent | $1,223 | $923 | $1,163 |
Median Income | $106,759 | $53,571 | $69,021 |
Home Value To Income | 2.7x | 3.2x | 3.5x |
Rent To Monthly Income | 0.14x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Inniswold. 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, 0.9x Inniswold.
Prairieville, LA has a cost of living index of 104, 1.0x Inniswold.
Central, LA has a cost of living index of 96, 0.9x Inniswold.
City | Population | Cost Of Living | Vs. Inniswold |
---|---|---|---|
Baton Rouge, LA | 225,539 | 95 | 0.9x |
Prairieville, LA | 34,118 | 104 | 1.0x |
Central, LA | 29,746 | 96 | 0.9x |
Shenandoah, LA | 20,068 | 108 | 1.0x |
Zachary, LA | 19,278 | 101 | 0.9x |
Baker, LA | 12,736 | 90 | 0.8x |
Gonzales, LA | 12,080 | 94 | 0.9x |
Gardere, LA | 10,971 | 94 | 0.9x |
Denham Springs, LA | 9,389 | 91 | 0.9x |
Oak Hills Place, LA | 9,201 | 111 | 1.0x |