Housing costs in Fifth Ward?
A typical home costs
$168,900, which is 50.0% less expensive than the national average of
$338,100 and 8.6% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Fifth Ward costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 19.0% cheaper than the state average of
$1,000.
Can I afford Fifth Ward?
To live comfortably in Fifth Ward, Louisiana, a minimum annual income of
$32,400 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Fifth Ward?
The cost of living in Fifth Ward, LA is fairly high compared to the rest of the state. Prices for goods and services are typically higher than other parts of Louisiana, especially when it comes to rent. The median home price in the area is around $175,000, which is much more expensive than other parts of the state. Additionally, food prices tend to be higher due to limited access to affordable grocery stores. However, there are some discounts available through public programs and assistance that can help lower the cost of living in Fifth Ward, LA.