Housing costs in Chatham?
A typical home costs
$278,700, which is 17.6% less expensive than the national average of
$338,100 and 50.8% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Chatham costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 40.8% cheaper than the state average of
$1,000.
Can I afford Chatham?
To live comfortably in Chatham (zip 71226), Louisiana, a minimum annual income of
$53,280 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Chatham?
The cost of living in 71226 Chatham, LA is relatively low compared to other parts of the US. It has a median housing cost of $105,100, with a median rent slightly lower at $890 per month. This makes it an affordable place to live for those who are looking for an affordable option. The overall cost of living in the area is 9% lower than the national average, making it a good option for those who want to have more spending power while still living close to major cities. Groceries and utilities are also cheaper than average when compared to other parts of the country.