Cost of living in Larose 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 Larose 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 Larose is 88, with 100 being the average.
The cost of living index in Larose is 0.9x lower than the national average.
Larose ranks as the #36 cheapest in Louisiana out of 109.
Larose ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Larose is $130,900.
The median income in Larose is $62,661.
According to the most recent data on the cost of living, Larose has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Larose has a cost of living index that's 1.0x lower than Louisiana's index of 92.
The standard of living in Larose ranks as #36 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Larose ranks as the #73 most expensive place in the Pelican State.
For more reading on life in Larose, check out:
Six factors go into calculating the cost of living index in Larose. Here is how it fairs on each of the criteria:
The Services index in Larose is 97.
The Groceries index in Larose is 100.
The Health index in Larose is 94.
The Housing index in Larose is 71.
The Transportation index in Larose is 96.
The Utilities index in Larose is 94.
Living Expense | Larose | Louisiana | National Average | |
---|---|---|---|---|
Overall | 88 | 92 | 100 | |
Services | 97 | 96 | 100 | |
Groceries | 100 | 96 | 100 | |
Health | 94 | 99 | 100 | |
Housing | 71 | 83 | 100 | |
Transportation | 96 | 96 | 100 | |
Utilities | 94 | 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 Larose is $130,900.
The Median Rent in Larose is $678.
The Median Income in Larose is $62,661.
The Home Value To Income in Larose is 2.1x.
The Rent To Monthly Income in Larose is 0.13x.
Statistic | Larose | Louisiana | United States |
---|---|---|---|
Median Home Value | $130,900 | $174,000 | $244,900 |
Median Rent | $678 | $923 | $1,163 |
Median Income | $62,661 | $53,571 | $69,021 |
Home Value To Income | 2.1x | 3.2x | 3.5x |
Rent To Monthly Income | 0.13x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Larose. Here's a quick look at the cost of living in the most populous nearby places:
Houma, LA has a cost of living index of 93, 1.1x Larose.
Bayou Blue, LA has a cost of living index of 92, 1.0x Larose.
Raceland, LA has a cost of living index of 90, 1.0x Larose.
City | Population | Cost Of Living | Vs. Larose |
---|---|---|---|
Houma, LA | 33,461 | 93 | 1.1x |
Bayou Blue, LA | 11,229 | 92 | 1.0x |
Raceland, LA | 11,002 | 90 | 1.0x |
Galliano, LA | 7,378 | 86 | 1.0x |
Cut Off, LA | 5,498 | 88 | 1.0x |