Housing costs in Jefferson?
A typical home costs
$237,700, which is 29.7% less expensive than the national average of
$338,100 and 28.6% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Jefferson costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 15.3% more than the state average of
$1,000.
Can I afford Jefferson?
To live comfortably in Jefferson, Louisiana, a minimum annual income of
$45,720 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Jefferson?
The cost of living in Jefferson, LA is relatively affordable compared to many other places throughout the country. In 2017, the overall cost of living index was 90.8, which is slightly below the national average of 100 and 11.2 points lower than Louisiana's average of 102. Rent prices are particularly favorable as median rent prices are around $884 per month, which is much lower than the national average of $1,029 per month. Additionally, groceries cost 12% less in Jefferson on average when compared to the national rate. This makes it an incredibly attractive place for families and individuals looking for a place to relocate or inhabit while working or studying.