Cost of living in Youngsville 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 Youngsville 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 Youngsville is 105, with 100 being the average.
The cost of living index in Youngsville is 1.1x higher than the national average.
Youngsville ranks as the #102 cheapest in Louisiana out of 109.
Youngsville ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Youngsville is $227,400.
The median income in Youngsville is $101,455.
According to the most recent data on the cost of living, Youngsville has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Louisiana, Youngsville has a cost of living index that's 1.1x higher than Louisiana's index of 92.
The standard of living in Youngsville ranks as #102 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Youngsville ranks as the #7 most expensive place in the Pelican State.
For more reading on life in Youngsville, check out:
Six factors go into calculating the cost of living index in Youngsville. Here is how it fairs on each of the criteria:
The Services index in Youngsville is 99.
The Groceries index in Youngsville is 102.
The Health index in Youngsville is 93.
The Housing index in Youngsville is 120.
The Transportation index in Youngsville is 100.
The Utilities index in Youngsville is 88.
Living Expense | Youngsville | Louisiana | National Average | |
---|---|---|---|---|
Overall | 105 | 92 | 100 | |
Services | 99 | 96 | 100 | |
Groceries | 102 | 96 | 100 | |
Health | 93 | 99 | 100 | |
Housing | 120 | 83 | 100 | |
Transportation | 100 | 96 | 100 | |
Utilities | 88 | 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 Youngsville is $227,400.
The Median Rent in Youngsville is $1,385.
The Median Income in Youngsville is $101,455.
The Home Value To Income in Youngsville is 2.2x.
The Rent To Monthly Income in Youngsville is 0.16x.
Statistic | Youngsville | Louisiana | United States |
---|---|---|---|
Median Home Value | $227,400 | $174,000 | $244,900 |
Median Rent | $1,385 | $923 | $1,163 |
Median Income | $101,455 | $53,571 | $69,021 |
Home Value To Income | 2.2x | 3.2x | 3.5x |
Rent To Monthly Income | 0.16x | 0.21x | 0.2x |
Item | Youngsville | Louisiana |
---|---|---|
Shampoo | $1.14 | $1.06 |
Movie | $10.12 | $10.68 |
Bowling | $18.2 | $14.67 |
Haircut | $23.37 | $18.62 |
Beauty Salon | $40.73 | $39.05 |
Item | Youngsville | Louisiana |
---|---|---|
Ground Beef | $4.29 | $4.22 |
Fried Chicken | $1.16 | $1.39 |
Milk | $2.19 | $2.05 |
Potatoes | $3.78 | $3.29 |
Pizza | $10.24 | $10.62 |
Beer | $9.23 | $9.38 |
Toothpaste | $2.22 | $2.34 |
Item | Youngsville | Louisiana |
---|---|---|
Optometrist | $103.22 | $108.57 |
Doctor | $113.42 | $116.17 |
Dentist | $79.6 | $99.13 |
Item | Youngsville | Louisiana |
---|---|---|
Gasoline | $1.92 | $2.22 |
Tire Balancing | $64.79 | $50.07 |
Item | Youngsville | Louisiana |
---|---|---|
All Electricity | $141.28 | $167.67 |
Phone | $180.19 | $175.64 |
The cost of living varies in the cities and towns around Youngsville. Here's a quick look at the cost of living in the most populous nearby places:
Lafayette, LA has a cost of living index of 95, 0.9x Youngsville.
New Iberia, LA has a cost of living index of 87, 0.8x Youngsville.
Broussard, LA has a cost of living index of 96, 0.9x Youngsville.
City | Population | Cost Of Living | Vs. Youngsville |
---|---|---|---|
Lafayette, LA | 122,469 | 95 | 0.9x |
New Iberia, LA | 28,844 | 87 | 0.8x |
Broussard, LA | 12,960 | 96 | 0.9x |
Abbeville, LA | 11,313 | 81 | 0.8x |
Carencro, LA | 9,531 | 92 | 0.9x |
Scott, LA | 8,200 | 92 | 0.9x |
Breaux Bridge, LA | 7,711 | 96 | 0.9x |
Rayne, LA | 7,332 | 83 | 0.8x |
St. Martinville, LA | 5,602 | 79 | 0.8x |