Cost of living in Laplace 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 Laplace 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 Laplace is 99, with 100 being the average.
The cost of living index in Laplace is 1.0x lower than the national average.
Laplace ranks as the #90 cheapest in Louisiana out of 109.
Laplace ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Laplace is $164,300.
The median income in Laplace is $65,459.
According to the most recent data on the cost of living, Laplace has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Louisiana, Laplace has a cost of living index that's 1.1x higher than Louisiana's index of 92.
The standard of living in Laplace ranks as #90 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Laplace ranks as the #19 most expensive place in the Pelican State.
For more reading on life in Laplace, check out:
Six factors go into calculating the cost of living index in Laplace. Here is how it fairs on each of the criteria:
The Services index in Laplace is 107.
The Groceries index in Laplace is 102.
The Health index in Laplace is 117.
The Housing index in Laplace is 91.
The Transportation index in Laplace is 99.
The Utilities index in Laplace is 75.
Living Expense | Laplace | Louisiana | National Average | |
---|---|---|---|---|
Overall | 99 | 92 | 100 | |
Services | 107 | 96 | 100 | |
Groceries | 102 | 96 | 100 | |
Health | 117 | 99 | 100 | |
Housing | 91 | 83 | 100 | |
Transportation | 99 | 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 Laplace is $164,300.
The Median Rent in Laplace is $993.
The Median Income in Laplace is $65,459.
The Home Value To Income in Laplace is 2.5x.
The Rent To Monthly Income in Laplace is 0.18x.
Statistic | Laplace | Louisiana | United States |
---|---|---|---|
Median Home Value | $164,300 | $174,000 | $244,900 |
Median Rent | $993 | $923 | $1,163 |
Median Income | $65,459 | $53,571 | $69,021 |
Home Value To Income | 2.5x | 3.2x | 3.5x |
Rent To Monthly Income | 0.18x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Laplace. Here's a quick look at the cost of living in the most populous nearby places:
Metairie, LA has a cost of living index of 102, 1.0x Laplace.
Kenner, LA has a cost of living index of 99, 1.0x Laplace.
Luling, LA has a cost of living index of 104, 1.1x Laplace.
City | Population | Cost Of Living | Vs. Laplace |
---|---|---|---|
Metairie, LA | 140,590 | 102 | 1.0x |
Kenner, LA | 66,411 | 99 | 1.0x |
Luling, LA | 14,115 | 104 | 1.1x |
River Ridge, LA | 13,435 | 106 | 1.1x |
Destrehan, LA | 11,827 | 103 | 1.0x |
Waggaman, LA | 11,161 | 91 | 0.9x |
Harahan, LA | 9,137 | 104 | 1.1x |
Reserve, LA | 8,688 | 86 | 0.9x |
St. Rose, LA | 7,764 | 95 | 1.0x |