Housing costs in Branch?
A typical home costs
$120,300, which is 64.4% less expensive than the national average of
$338,100 and 34.9% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Branch costs
$770 per month, which is 23.0% cheaper than the national average of
$1,000 and 20.8% cheaper than the state average of
$930.
Can I afford Branch?
To live comfortably in Branch (zip 70516), Louisiana, a minimum annual income of
$23,040 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Branch?
The cost of living in 70516 Branch, LA is quite affordable. The median home value in the area is just over $80,000, which is significantly lower than the national average. Rent prices are similarly low, averaging around $800 a month for a two bedroom apartment. Groceries and other necessities are also fairly inexpensive compared to many other areas. With such low costs of living, 70516 Branch is an ideal place for those wanting to keep their expenses down while still enjoying the beauty and charm of Louisiana's rural landscape.