Housing costs in New Iberia?
A typical home costs
$147,800, which is 56.3% less expensive than the national average of
$338,100 and 20.0% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in New Iberia costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 2.0% cheaper than the state average of
$1,000.
Can I afford New Iberia?
To live comfortably in New Iberia, Louisiana, a minimum annual income of
$28,440 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about New Iberia?
New Iberia, LA is an affordable place to live. The cost of living is lower than the national average with the median home price sitting at $127,700, according to Zillow. The median household income is just over $41,000 per year and the overall cost of living is 6 percent lower than the U.S. average. For those looking for a budget-friendly lifestyle in a bustling community, New Iberia is an ideal option.