Minden, LA Cost Of Living
Cost Of Living In Minden, LA Summary
Cost of living in Minden 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 Minden 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 Minden is 85, with 100 being the average.
The cost of living index in Minden is 0.8x lower than the national average.
Minden ranks as the #20 cheapest in Louisiana out of 109.
Minden ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Minden is $106,800.
The median income in Minden is $25,661.
Table Of Contents
Minden's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Minden, LA?
According to the most recent data on the cost of living, Minden has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Louisiana, Minden has a cost of living index that's 0.9x lower than Louisiana's index of 92.
The standard of living in Minden ranks as #20 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Minden ranks as the #89 most expensive place in the Pelican State.
For more reading on life in Minden, check out:
- Living In Minden
- Minden Crime Report
- Search Homes For Sale In Minden, LA
In Louisiana
In America
Minden Cost Of Living Vs. Louisiana
Six factors go into calculating the cost of living index in Minden. Here is how it fairs on each of the criteria:
The Services index in Minden is 99.
The Groceries index in Minden is 98.
The Health index in Minden is 101.
The Housing index in Minden is 56.
The Transportation index in Minden is 91.
The Utilities index in Minden is 89.
| Living Expense | Minden | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 85 | 92 | 100 | |
| Services | 99 | 96 | 100 | |
| Groceries | 98 | 96 | 100 | |
| Health | 101 | 99 | 100 | |
| Housing | 56 | 83 | 100 | |
| Transportation | 91 | 96 | 100 | |
| Utilities | 89 | 86 | 100 | |
Minden, LA Housing Cost Breakdown
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 Minden is $106,800.
The Median Rent in Minden is $763.
The Median Income in Minden is $25,661.
The Home Value To Income in Minden is 4.2x.
The Rent To Monthly Income in Minden is 0.36x.
| Statistic | Minden | Louisiana | United States |
|---|---|---|---|
| Median Home Value | $106,800 | $174,000 | $244,900 |
| Median Rent | $763 | $923 | $1,163 |
| Median Income | $25,661 | $53,571 | $69,021 |
| Home Value To Income | 4.2x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.36x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Minden, LA Costs By Category
Detailed Minden Services Costs Vs. Louisiana
Detailed Minden Groceries Costs Vs. Louisiana
Detailed Minden Health Costs Vs. Louisiana
Detailed Minden Transportation Costs Vs. Louisiana
Detailed Minden Utilities Costs Vs. Louisiana
Minden SnackAbility
/10
Cost Of Living In Cities Around Minden
The cost of living varies in the cities and towns around Minden. Here's a quick look at the cost of living in the most populous nearby places:
Shreveport, LA has a cost of living index of 88, 1.0x Minden.
Ruston, LA has a cost of living index of 89, 1.0x Minden.
Jamestown, ND has a cost of living index of 91, 1.1x Minden.
| City | Population | Cost Of Living | Vs. Minden |
|---|---|---|---|
| Shreveport, LA | 189,374 | 88 | 1.0x |
| Ruston, LA | 22,286 | 89 | 1.0x |
| Jamestown, ND | 15,823 | 91 | 1.1x |
| Magnolia, AR | 11,205 | 83 | 1.0x |
| Red Chute, LA | 7,504 | 92 | 1.1x |
