Housing costs in Folsom?
A typical home costs
$255,000, which is 24.6% less expensive than the national average of
$338,100 and 38.0% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Folsom costs
$1,160 per month, which is 16.0% more than the national average of
$1,000 and close to the state average of
$1,180.
Can I afford Folsom?
To live comfortably in Folsom (zip 70437), Louisiana, a minimum annual income of
$48,960 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Folsom?
The cost of living in 70437 Folsom, LA is quite reasonable. The median home price in the area is $169,000, which is lower than many other cities in the state. The median household income is also slightly lower than most of the surrounding areas, but the local economy has been growing steadily over recent years. Other costs such as food, transportation, and utilities are also considered affordable for this area. Overall, Folsom offers a great quality of life at a reasonable cost for those who live and work there.