Cost of living in Terrytown 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 Terrytown 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 Terrytown is 96, with 100 being the average.
The cost of living index in Terrytown is 1.0x lower than the national average.
Terrytown ranks as the #79 cheapest in Louisiana out of 109.
Terrytown ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Terrytown is $177,300.
The median income in Terrytown is $54,186.
According to the most recent data on the cost of living, Terrytown has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Louisiana, Terrytown has a cost of living index that's 1.0x higher than Louisiana's index of 92.
The standard of living in Terrytown ranks as #79 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Terrytown ranks as the #30 most expensive place in the Pelican State.
For more reading on life in Terrytown, check out:
Six factors go into calculating the cost of living index in Terrytown. Here is how it fairs on each of the criteria:
The Services index in Terrytown is 107.
The Groceries index in Terrytown is 102.
The Health index in Terrytown is 117.
The Housing index in Terrytown is 91.
The Transportation index in Terrytown is 99.
The Utilities index in Terrytown is 75.
Living Expense | Terrytown | Louisiana | National Average | |
---|---|---|---|---|
Overall | 96 | 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 Terrytown is $177,300.
The Median Rent in Terrytown is $973.
The Median Income in Terrytown is $54,186.
The Home Value To Income in Terrytown is 3.3x.
The Rent To Monthly Income in Terrytown is 0.22x.
Statistic | Terrytown | Louisiana | United States |
---|---|---|---|
Median Home Value | $177,300 | $174,000 | $244,900 |
Median Rent | $973 | $923 | $1,163 |
Median Income | $54,186 | $53,571 | $69,021 |
Home Value To Income | 3.3x | 3.2x | 3.5x |
Rent To Monthly Income | 0.22x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Terrytown. Here's a quick look at the cost of living in the most populous nearby places:
New Orleans, LA has a cost of living index of 100, 1.0x Terrytown.
Metairie, LA has a cost of living index of 102, 1.1x Terrytown.
Kenner, LA has a cost of living index of 99, 1.0x Terrytown.
City | Population | Cost Of Living | Vs. Terrytown |
---|---|---|---|
New Orleans, LA | 383,974 | 100 | 1.0x |
Metairie, LA | 140,590 | 102 | 1.1x |
Kenner, LA | 66,411 | 99 | 1.0x |
Marrero, LA | 31,928 | 90 | 0.9x |
Chalmette, LA | 21,981 | 94 | 1.0x |
Harvey, LA | 20,942 | 92 | 1.0x |
Gretna, LA | 17,836 | 97 | 1.0x |
Estelle, LA | 17,650 | 96 | 1.0x |
Woodmere, LA | 11,343 | 98 | 1.0x |
Timberlane, LA | 10,697 | 97 | 1.0x |