Housing costs in Red Chute?
A typical home costs
$188,800, which is 44.2% less expensive than the national average of
$338,100 and 2.2% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Red Chute costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 6.5% more than the state average of
$1,000.
Can I afford Red Chute?
To live comfortably in Red Chute, Louisiana, a minimum annual income of
$36,000 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Red Chute?
The cost of living in Red Chute, LA is quite affordable. The area has a median home price of just over $150,000, which is relatively low compared to other areas in the state. The overall cost of living index for the area is 82.3, which is lower than the national average. Utilities are also affordable, with electricity costing an average of only $125 per month. Groceries and other necessary items are reasonably priced, allowing residents to stretch their hard-earned dollars further. With its low cost of living and close proximity to larger cities such as Baton Rouge and Shreveport, Red Chute offers a great quality of life at an unbeatable value.