Housing costs in Melville?
A typical home costs
$119,900, which is 64.5% less expensive than the national average of
$338,100 and 35.1% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Melville costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 31.6% cheaper than the state average of
$1,000.
Can I afford Melville?
To live comfortably in Melville, Louisiana, a minimum annual income of
$23,040 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Melville?
The cost of living in Melville, LA is quite affordable. The median household income is just over $37,000 and the median home value is around $84,000. This provides for a comfortable lifestyle in an area with low taxes and low crime rates. Groceries, healthcare, utilities, and transportation are all relatively inexpensive compared to the national averages. There is plenty of opportunity to save money in Melville if you take advantage of the local resources available.