Cost of living in Pineville 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 Pineville 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 Pineville is 86, with 100 being the average.
The cost of living index in Pineville is 0.9x lower than the national average.
Pineville ranks as the #25 cheapest in Louisiana out of 109.
Pineville ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Pineville is $161,300.
The median income in Pineville is $44,732.
According to the most recent data on the cost of living, Pineville has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Pineville has a cost of living index that's 0.9x lower than Louisiana's index of 92.
The standard of living in Pineville ranks as #25 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Pineville ranks as the #84 most expensive place in the Pelican State.
For more reading on life in Pineville, check out:
Six factors go into calculating the cost of living index in Pineville. Here is how it fairs on each of the criteria:
The Services index in Pineville is 92.
The Groceries index in Pineville is 94.
The Health index in Pineville is 95.
The Housing index in Pineville is 73.
The Transportation index in Pineville is 90.
The Utilities index in Pineville is 100.
Living Expense | Pineville | Louisiana | National Average | |
---|---|---|---|---|
Overall | 86 | 92 | 100 | |
Services | 92 | 96 | 100 | |
Groceries | 94 | 96 | 100 | |
Health | 95 | 99 | 100 | |
Housing | 73 | 83 | 100 | |
Transportation | 90 | 96 | 100 | |
Utilities | 100 | 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 Pineville is $161,300.
The Median Rent in Pineville is $757.
The Median Income in Pineville is $44,732.
The Home Value To Income in Pineville is 3.6x.
The Rent To Monthly Income in Pineville is 0.2x.
Statistic | Pineville | Louisiana | United States |
---|---|---|---|
Median Home Value | $161,300 | $174,000 | $244,900 |
Median Rent | $757 | $923 | $1,163 |
Median Income | $44,732 | $53,571 | $69,021 |
Home Value To Income | 3.6x | 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 Pineville. Here's a quick look at the cost of living in the most populous nearby places:
Alexandria, LA has a cost of living index of 87, 1.0x Pineville.
Natchitoches, LA has a cost of living index of 89, 1.0x Pineville.
Oakdale, LA has a cost of living index of 75, 0.9x Pineville.
City | Population | Cost Of Living | Vs. Pineville |
---|---|---|---|
Alexandria, LA | 45,736 | 87 | 1.0x |
Natchitoches, LA | 18,105 | 89 | 1.0x |
Oakdale, LA | 7,092 | 75 | 0.9x |
Ville Platte, LA | 6,488 | 82 | 1.0x |
Marksville, LA | 5,118 | 85 | 1.0x |