Housing costs in Houma-Thibodaux?
A typical home costs
$164,400, which is 51.4% less expensive than the national average of
$338,100 and 11.0% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Houma-Thibodaux 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 Houma-Thibodaux?
To live comfortably in Houma-Thibodaux Louisi Metro Area, Louisiana, a minimum annual income of
$31,680 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Houma-Thibodaux?
The cost of living in Houma-Thibodaux, LA Metro Area is 86.8, which is 13.2 points lower than the US average of 100. This means that everyday costs such as food, housing and utilities are more affordable in this metro area when compared to the rest of the country. The median house value in this area is also lower than the US average at $164,400 compared to $338,100 respectively. This indicates that there are more opportunities for more affordable homeownership in this area than in other parts of the United States.