Housing costs in Houma?
A typical home costs
$162,500, which is 51.9% less expensive than the national average of
$338,100 and 12.1% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Houma costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 2.9% more than the state average of
$1,000.
Can I afford Houma?
To live comfortably in Houma, Louisiana, a minimum annual income of
$30,960 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Houma?
The cost of living in Houma, LA is generally lower than the national average, making it a great choice for those looking to move to the area. Housing costs are very reasonable, with an average home costing around $200,000. The overall cost of living index is 10% lower than the national average, making it more affordable for groceries, healthcare and other expenses. Property taxes in the area are some of the lowest in Louisiana, giving residents an added bonus when considering their budget. Overall, Houma is an excellent place to live when you’re looking for affordability and convenience without sacrificing comfort or quality of life.