Cost of living in Tallulah 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 Tallulah 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 Tallulah is 75, with 100 being the average.
The cost of living index in Tallulah is 0.8x lower than the national average.
Tallulah ranks as the #2 cheapest in Louisiana out of 109.
Tallulah ranks as the #35 cheapest out of 6,412 in the US.
The median home value in Tallulah is $72,200.
The median income in Tallulah is $30,409.
According to the most recent data on the cost of living, Tallulah has an overall cost of living index of 75, which is 0.8x lower than the national index of 100.
Compared to Louisiana, Tallulah has a cost of living index that's 0.8x lower than Louisiana's index of 92.
The standard of living in Tallulah ranks as #2 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Tallulah ranks as the #107 most expensive place in the Pelican State.
For more reading on life in Tallulah, check out:
Six factors go into calculating the cost of living index in Tallulah. Here is how it fairs on each of the criteria:
The Services index in Tallulah is 92.
The Groceries index in Tallulah is 92.
The Health index in Tallulah is 96.
The Housing index in Tallulah is 36.
The Transportation index in Tallulah is 85.
The Utilities index in Tallulah is 83.
Living Expense | Tallulah | Louisiana | National Average | |
---|---|---|---|---|
Overall | 75 | 92 | 100 | |
Services | 92 | 96 | 100 | |
Groceries | 92 | 96 | 100 | |
Health | 96 | 99 | 100 | |
Housing | 36 | 83 | 100 | |
Transportation | 85 | 96 | 100 | |
Utilities | 83 | 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 Tallulah is $72,200.
The Median Rent in Tallulah is $621.
The Median Income in Tallulah is $30,409.
The Home Value To Income in Tallulah is 2.4x.
The Rent To Monthly Income in Tallulah is 0.25x.
Statistic | Tallulah | Louisiana | United States |
---|---|---|---|
Median Home Value | $72,200 | $174,000 | $244,900 |
Median Rent | $621 | $923 | $1,163 |
Median Income | $30,409 | $53,571 | $69,021 |
Home Value To Income | 2.4x | 3.2x | 3.5x |
Rent To Monthly Income | 0.25x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Tallulah. Here's a quick look at the cost of living in the most populous nearby places:
Clinton, MS has a cost of living index of 93, 1.2x Tallulah.
Vicksburg, MS has a cost of living index of 82, 1.1x Tallulah.
Bastrop, LA has a cost of living index of 75, 1.0x Tallulah.
City | Population | Cost Of Living | Vs. Tallulah |
---|---|---|---|
Clinton, MS | 27,830 | 93 | 1.2x |
Vicksburg, MS | 21,748 | 82 | 1.1x |
Bastrop, LA | 9,879 | 75 | 1.0x |