Housing costs in Banks Springs?
A typical home costs
$93,400, which is 72.4% less expensive than the national average of
$338,100 and 49.5% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Banks Springs costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 29.9% cheaper than the state average of
$1,000.
Can I afford Banks Springs?
To live comfortably in Banks Springs, Louisiana, a minimum annual income of
$18,000 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Banks Springs?
The cost of living in Banks Springs, LA is quite reasonable. You can get a nice apartment for about $700 per month and groceries are very affordable. The local businesses provide good prices on everyday items and services. Taxes are low, making it easy to afford most necessities. Additionally, the natural beauty of the area makes it an attractive place to live and many people find that their income goes further when they live in Banks Springs. All in all, Banks Springs is a great place to live with a low cost of living.