Housing costs in Reserve?
A typical home costs
$129,400, which is 61.7% less expensive than the national average of
$338,100 and 30.0% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Reserve costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 4.8% more than the state average of
$1,000.
Can I afford Reserve?
To live comfortably in Reserve, Louisiana, a minimum annual income of
$24,840 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Reserve?
The cost of living in Reserve, LA is relatively low compared to other areas in the United States. The median home price in Reserve is just over $100,000, which is far lower than the national average. Additionally, the local unemployment rate is low and wages are reasonably competitive. Food and other necessities are also inexpensive here. All of these factors make Reserve an attractive place to live for those on a budget or looking for a more affordable lifestyle.