Cost of living in Lacombe 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 Lacombe 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 Lacombe is 91, with 100 being the average.
The cost of living index in Lacombe is 0.9x lower than the national average.
Lacombe ranks as the #55 cheapest in Louisiana out of 109.
Lacombe ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Lacombe is $192,400.
The median income in Lacombe is $57,432.
According to the most recent data on the cost of living, Lacombe has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Lacombe has a cost of living index that's 1.0x lower than Louisiana's index of 92.
The standard of living in Lacombe ranks as #55 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Lacombe ranks as the #54 most expensive place in the Pelican State.
For more reading on life in Lacombe, check out:
Six factors go into calculating the cost of living index in Lacombe. Here is how it fairs on each of the criteria:
The Services index in Lacombe is 102.
The Groceries index in Lacombe is 95.
The Health index in Lacombe is 98.
The Housing index in Lacombe is 84.
The Transportation index in Lacombe is 90.
The Utilities index in Lacombe is 92.
Living Expense | Lacombe | Louisiana | National Average | |
---|---|---|---|---|
Overall | 91 | 92 | 100 | |
Services | 102 | 96 | 100 | |
Groceries | 95 | 96 | 100 | |
Health | 98 | 99 | 100 | |
Housing | 84 | 83 | 100 | |
Transportation | 90 | 96 | 100 | |
Utilities | 92 | 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 Lacombe is $192,400.
The Median Rent in Lacombe is $965.
The Median Income in Lacombe is $57,432.
The Home Value To Income in Lacombe is 3.4x.
The Rent To Monthly Income in Lacombe is 0.2x.
Statistic | Lacombe | Louisiana | United States |
---|---|---|---|
Median Home Value | $192,400 | $174,000 | $244,900 |
Median Rent | $965 | $923 | $1,163 |
Median Income | $57,432 | $53,571 | $69,021 |
Home Value To Income | 3.4x | 3.2x | 3.5x |
Rent To Monthly Income | 0.2x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Lacombe. Here's a quick look at the cost of living in the most populous nearby places:
New Orleans, LA has a cost of living index of 100, 1.1x Lacombe.
Slidell, LA has a cost of living index of 94, 1.0x Lacombe.
Mandeville, LA has a cost of living index of 109, 1.2x Lacombe.
City | Population | Cost Of Living | Vs. Lacombe |
---|---|---|---|
New Orleans, LA | 383,974 | 100 | 1.1x |
Slidell, LA | 28,537 | 94 | 1.0x |
Mandeville, LA | 12,985 | 109 | 1.2x |
Covington, LA | 11,155 | 97 | 1.1x |
Eden Isle, LA | 8,233 | 111 | 1.2x |