Cost of living in Violet 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 Violet 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 Violet is 92, with 100 being the average.
The cost of living index in Violet is 0.9x lower than the national average.
Violet ranks as the #63 cheapest in Louisiana out of 109.
Violet ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Violet is $152,000.
The median income in Violet is $54,250.
According to the most recent data on the cost of living, Violet has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Violet has a cost of living index that's 1.0x lower than Louisiana's index of 92.
The standard of living in Violet ranks as #63 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Violet ranks as the #46 most expensive place in the Pelican State.
For more reading on life in Violet, check out:
Six factors go into calculating the cost of living index in Violet. Here is how it fairs on each of the criteria:
The Services index in Violet is 106.
The Groceries index in Violet is 101.
The Health index in Violet is 118.
The Housing index in Violet is 71.
The Transportation index in Violet is 98.
The Utilities index in Violet is 77.
Living Expense | Violet | Louisiana | National Average | |
---|---|---|---|---|
Overall | 92 | 92 | 100 | |
Services | 106 | 96 | 100 | |
Groceries | 101 | 96 | 100 | |
Health | 118 | 99 | 100 | |
Housing | 71 | 83 | 100 | |
Transportation | 98 | 96 | 100 | |
Utilities | 77 | 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 Violet is $152,000.
The Median Rent in Violet is $994.
The Median Income in Violet is $54,250.
The Home Value To Income in Violet is 2.8x.
The Rent To Monthly Income in Violet is 0.22x.
Statistic | Violet | Louisiana | United States |
---|---|---|---|
Median Home Value | $152,000 | $174,000 | $244,900 |
Median Rent | $994 | $923 | $1,163 |
Median Income | $54,250 | $53,571 | $69,021 |
Home Value To Income | 2.8x | 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 Violet. 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, 1.1x Violet.
Metairie, LA has a cost of living index of 102, 1.1x Violet.
Marrero, LA has a cost of living index of 90, 1.0x Violet.
City | Population | Cost Of Living | Vs. Violet |
---|---|---|---|
New Orleans, LA | 383,974 | 100 | 1.1x |
Metairie, LA | 140,590 | 102 | 1.1x |
Marrero, LA | 31,928 | 90 | 1.0x |
Terrytown, LA | 25,388 | 96 | 1.0x |
Chalmette, LA | 21,981 | 94 | 1.0x |
Harvey, LA | 20,942 | 92 | 1.0x |
Gretna, LA | 17,836 | 97 | 1.1x |
Estelle, LA | 17,650 | 96 | 1.0x |
Woodmere, LA | 11,343 | 98 | 1.1x |
Timberlane, LA | 10,697 | 97 | 1.1x |