Madisonville, LA Cost of Living


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Madisonville cost of living score
98.4
Less expensive
1.6% lower
than the US average
9.5% higher
than the Louisiana average
Madisonville, Louisiana gets a BestPlaces Cost of Living score of 98.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 1.6% lower than the U.S. average and 9.5% lower than the average for Louisiana.

Madisonville, LA

Housing costs in Madisonville?
A typical home costs $349,100, which is 3.3% more expensive than the national average of $338,100 and 88.9% more expensive than the average Louisiana home, at $184,800. Renting a two-bedroom unit in Madisonville costs $1,570 per month, which is 9.8% more than the national average of $1,430 and 36.3% more than the state average of $1,000.

Can I afford Madisonville?
To live comfortably in Madisonville, Louisiana, a minimum annual income of $66,960 for a family, and $53,200 for a single person is recommended.

What does A.I. say about Madisonville?
The cost of living in Madisonville, LA is very reasonable compared to other cities in the country. The median home price is just under $200,000 and the median rent is around $1,200 per month. Groceries, utilities, and transportation are very affordable, making it a great place to live if you’re on a budget. There are also plenty of jobs available that pay well above the national average. This makes Madisonville an attractive place to live if you're looking for a city with an affordable cost of living and plenty of job opportunities.
   Cost of living score
     CategoriesMadisonvilleLouisianaUnited States
  98.489.9100.0
  10092.7100
  111.1113.2100.0
  107.664.9100.0
  $349,100$184,800$338,100
  88.4%89.9%100.0%
  112.0108.2100.0
  98.981.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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