Louisiana
Wage: $50,940 ($24.49/hr)
Home Price: $195,544
Rent: $1,199/mo
Overview
Overview of Louisiana
Homes in Louisiana are affordable, priced at $195,544, and a dollar goes slightly further than average ($112.10 value). Unfortunately, Louisiana has a very high property crime rate of 27.48 incidents per 1,000 people.
Curious what your salary would look like after taxes in Louisiana? Try our free tax calculators.
Compared to the national average, Louisiana the difference in median home prices is -43.78% – positive being higher than the national average, negative being lower. The difference in the value of $100 is 8.51% – positive meaning you can buy more with $100, negative meaning less.
Average rent disparity compared to the national average is -24.99% and property crime is 45.28%.
Counties
East Baton Rouge Parish, Orleans Parish, Jefferson Parish
Zip Codes
70118, 71101, 70003
Popular Metro Area
New Orleans-Metairie
Most Populated City
New Orleans
Median Home Price
$195,544
Value of $100
$112.1
Average Monthly Rent
$1,199
Property Crime Per 1000
27.48
Cost of Living
Cost of Living in Louisiana
The average monthly cost of living expenses in Louisiana including: energy, internet, phone bills and miscellaneous expenses.
Total Utilities Cost Per Month
$390
Energy Bill
$131.37
Monthly Water Bill
$21
Monthly Internet
$20
Natural Gas (Utilities)
$55
Monthly Phone Bill
$114
Streaming Services
$48.25
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Crime
Crime in Louisiana
Typical crime rates in Louisiana including: Crime Rate Per 100k Residents, Violent Crime Per 100k Residents, and Non-Violent Crime Per 100k Residents.
Population
4,657,757
Crime Rate Per 100k Residents
6408.22
Violent Crime Per 100k Residents
639.44
Non-Violent Crime Per 100k Residents
5768.776
Jobs
Jobs in Louisiana
Key job metrics including: Unemployment Rate, Average Wage, and Labor Force Participation.
Job Growth Rate (%)
0.15
Unemployment Rate (%)
4.14
Job Openings Level
122,000
Annual Average Wage
$50,940
Hourly Average Wage
$24.49
Labor Force Participation (%)
58.2
Taxes
Taxes in Louisiana
Tax rates including: state, local, and combined sales tax rate.
State Sales Tax
4%
Average Local Sales Tax
5%
Combined Sales Tax Rate
10%
Our cost of living database is in beta. Found an error? Let us know →
References
We use original research, government sources, and trusted private organizations such as the U.S. Census Bureau, American Community Survey, Zillow, RentCafe, Tax Foundation, Forbes Advisor, Forbes Home, NCSL, U.S. Bureau of Labor Statistics, and the Federal Bureau of Investigation.
