Housing costs in Choctaw?
A typical home costs
$165,000, which is 51.2% less expensive than the national average of
$338,100 and 10.7% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Choctaw costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 2.0% cheaper than the state average of
$1,000.
Can I afford Choctaw?
To live comfortably in Choctaw, Louisiana, a minimum annual income of
$31,680 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Choctaw?
The cost of living in Choctaw, LA is relatively low compared to the national average. The median household income in Choctaw is approximately $47,000 annually and the median home value is about $192,000. The housing market in Choctaw offers a wide range of options from apartments to single-family homes, allowing potential residents to find something that fits their needs and budget. Utilities for a typical home run anywhere from $90-$130 per month depending on usage, and groceries are reasonably priced when compared to other markets. In addition, there are no major sales or income taxes in Louisiana which further reduces the cost of living in Choctaw.