Housing costs in Simsboro?
A typical home costs
$126,600, which is 62.6% less expensive than the national average of
$338,100 and 31.5% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Simsboro costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 23.5% cheaper than the state average of
$1,000.
Can I afford Simsboro?
To live comfortably in Simsboro, Louisiana, a minimum annual income of
$24,120 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Simsboro?
The cost of living in Simsboro, LA is relatively low compared to other parts of the United States. The population is small, so the cost of living doesn't reflect high levels of demand, as there are fewer people competing for limited resources. In addition, Louisiana has one of the lowest median home values in the country at $126,000. This makes it an ideal location for those seeking a cheaper option than large cities or suburban areas. The overall cost of living in Simsboro is 13 percent lower than the national average and 14 percent lower than the Louisiana average. This means that everything from housing costs to food prices is significantly more affordable in this small town.