Wallace Ridge, LA Cost of Living


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United States / Louisiana / No Metro Area / Catahoula County / Wallace Ridge / Zip Codes

Wallace Ridge cost of living score
80.2
Less expensive
19.8% lower
than the US average
10.8% lower
than the Louisiana average
Wallace Ridge, Louisiana gets a BestPlaces Cost of Living score of 80.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.8% lower than the U.S. average and 10.8% higher than the average for Louisiana.

Wallace Ridge, LA

Housing costs in Wallace Ridge?
A typical home costs $153,700, which is 54.5% less expensive than the national average of $338,100 and 16.8% less expensive than the average Louisiana home, at $184,800. Renting a two-bedroom unit in Wallace Ridge costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 35.1% cheaper than the state average of $1,000.

Can I afford Wallace Ridge?
To live comfortably in Wallace Ridge, Louisiana, a minimum annual income of $29,520 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Wallace Ridge?
The cost of living in Wallace Ridge, LA is quite reasonable. Prices for basic necessities such as food, clothing, and rent are all below the national average. This makes Wallace Ridge an ideal destination for those seeking a lower cost of living without sacrificing quality and convenience. The median household income in Wallace Ridge is well above the state average too, meaning locals can more easily afford everyday expenses while still saving money for future investments and leisure activities. With its thriving economy and strong job market, Wallace Ridge offers plenty of opportunities to make ends meet while still enjoying the Southern charm and beauty of Louisiana.
   Cost of living score
     CategoriesWallace RidgeLouisianaUnited States
  80.289.9100.0
  89.192.7100
  134.4113.2100.0
  50.264.9100.0
  $153,700$184,800$338,100
  89.7%89.9%100.0%
  83.9108.2100.0
  70.681.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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