Cost of living in Jennings 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 Jennings 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 Jennings is 79, with 100 being the average.
The cost of living index in Jennings is 0.8x lower than the national average.
Jennings ranks as the #4 cheapest in Louisiana out of 109.
Jennings ranks as the #155 cheapest out of 6,412 in the US.
The median home value in Jennings is $124,300.
The median income in Jennings is $37,301.
According to the most recent data on the cost of living, Jennings has an overall cost of living index of 79, which is 0.8x lower than the national index of 100.
Compared to Louisiana, Jennings has a cost of living index that's 0.9x lower than Louisiana's index of 92.
The standard of living in Jennings ranks as #4 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Jennings ranks as the #105 most expensive place in the Pelican State.
For more reading on life in Jennings, check out:
Six factors go into calculating the cost of living index in Jennings. Here is how it fairs on each of the criteria:
The Services index in Jennings is 86.
The Groceries index in Jennings is 96.
The Health index in Jennings is 92.
The Housing index in Jennings is 57.
The Transportation index in Jennings is 95.
The Utilities index in Jennings is 75.
Living Expense | Jennings | Louisiana | National Average | |
---|---|---|---|---|
Overall | 79 | 92 | 100 | |
Services | 86 | 96 | 100 | |
Groceries | 96 | 96 | 100 | |
Health | 92 | 99 | 100 | |
Housing | 57 | 83 | 100 | |
Transportation | 95 | 96 | 100 | |
Utilities | 75 | 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 Jennings is $124,300.
The Median Rent in Jennings is $708.
The Median Income in Jennings is $37,301.
The Home Value To Income in Jennings is 3.3x.
The Rent To Monthly Income in Jennings is 0.23x.
Statistic | Jennings | Louisiana | United States |
---|---|---|---|
Median Home Value | $124,300 | $174,000 | $244,900 |
Median Rent | $708 | $923 | $1,163 |
Median Income | $37,301 | $53,571 | $69,021 |
Home Value To Income | 3.3x | 3.2x | 3.5x |
Rent To Monthly Income | 0.23x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Jennings. 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, 1.2x Jennings.
Lake Charles, LA has a cost of living index of 86, 1.1x Jennings.
Sulphur, LA has a cost of living index of 85, 1.1x Jennings.
City | Population | Cost Of Living | Vs. Jennings |
---|---|---|---|
Lafayette, LA | 122,469 | 95 | 1.2x |
Lake Charles, LA | 83,444 | 86 | 1.1x |
Sulphur, LA | 21,490 | 85 | 1.1x |
Opelousas, LA | 15,884 | 86 | 1.1x |
Crowley, LA | 11,916 | 85 | 1.1x |
Abbeville, LA | 11,313 | 81 | 1.0x |
Eunice, LA | 9,589 | 86 | 1.1x |
Breaux Bridge, LA | 7,711 | 96 | 1.2x |
Oakdale, LA | 7,092 | 75 | 0.9x |
St. Martinville, LA | 5,602 | 79 | 1.0x |