Housing costs in Minorca?
A typical home costs
$147,200, which is 56.5% less expensive than the national average of
$338,100 and 20.3% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Minorca costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 37.0% cheaper than the state average of
$1,000.
Can I afford Minorca?
To live comfortably in Minorca, Louisiana, a minimum annual income of
$28,080 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Minorca?
The cost of living in Minorca, LA is relatively low compared to other parts of the United States. The median home value in Minorca is $93,800, significantly lower than the national average of $184,700. Property taxes are also low, ranging from 0.58% to 0.68%, and sales tax is 8.45%. Eating out is quite affordable with meals typically costing between $10 and $20 for two people depending on the restaurant. Additionally, groceries can be purchased for very reasonable prices at local supermarkets such as Sav-A-Lot and Piggly Wiggly. All in all, Minorca offers residents a great quality of life at an affordable price.