Palmetto, LA Cost of Living


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How much do I need to live in Palmetto, Louisiana?
$1,410 / month
for a family, 73.9% less expensive than the national average A total of $16,920 for the year for a family.
$1,867 / month
for a single person, 60.8% less expensive than the national average A total of $22,400 for the year for a single person.

Palmetto cost of living score
79.2
Less expensive
20.8% lower
than the US average
11.9% lower
than the Louisiana average
Palmetto, Louisiana gets a BestPlaces Cost of Living score of 79.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.8% lower than the U.S. average and 11.9% higher than the average for Louisiana.

Palmetto, LA

Housing costs in Palmetto?
A typical home costs $88,700, which is 73.8% less expensive than the national average of $338,100 and 52.0% less expensive than the average Louisiana home, at $184,800. Renting a two-bedroom unit in Palmetto 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 Palmetto?
To live comfortably in Palmetto, Louisiana, a minimum annual income of $16,920 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Palmetto?
The cost of living in Palmetto, LA is quite reasonable. Prices for basic goods and services are comparable to the regional averages, making it an affordable place to live. Housing costs in particular are quite low, with the median price for a home being just under $100K. This makes it an attractive option for those looking for a more affordable lifestyle. Furthermore, there are several tax breaks available to residents that can help to make the overall cost of living even more manageable. All in all, Palmetto is an attractive and affordable option if you're looking for a place to settle down and start a family.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPalmettoLouisianaUnited States
    Unlock89.9100.0
  91.7  Unlock100.0
    Unlock113.2100.0
  29.4  Unlock100.0
    Unlock$184,800$338,100
  91.4  Unlock100.0
    Unlock108.2100.0
  73.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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