Zip 71034 (Hall Summit, LA) Cost of Living


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United States / Louisiana / No Metro Area / Red River County / Hall Summit / Hall Summit (zip 71034)
How much do I need to live in Hall Summit, Louisiana?
$1,590 / month
for a family, 70.6% less expensive than the national average A total of $19,080 for the year for a family.
$1,933 / month
for a single person, 59.5% less expensive than the national average A total of $23,200 for the year for a single person.

Hall Summit cost of living score
76.7
Less expensive
23.3% lower
than the US average
14.7% lower
than the Louisiana average
Hall Summit (zip 71034), Louisiana gets a BestPlaces Cost of Living score of 76.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.3% lower than the U.S. average and 14.7% higher than the average for Louisiana.

Zip 71034 (Hall Summit, LA)

Housing costs in Hall Summit?
A typical home costs $99,500, which is 70.6% less expensive than the national average of $338,100 and 46.2% less expensive than the average Louisiana home, at $184,800. Renting a two-bedroom unit in Hall Summit costs $760 per month, which is 46.9% cheaper than the national average of $1,430 and 31.6% cheaper than the state average of $1,000.

Can I afford Hall Summit?
To live comfortably in Hall Summit (zip 71034), Louisiana, a minimum annual income of $19,080 for a family, and $23,200 for a single person is recommended.

What does A.I. say about Hall Summit?
The cost of living in 71034 Hall Summit, LA is relatively low compared to the national average. The median home value is around $184,000, with monthly rents averaging just over $1,100. Utility costs are also quite reasonable, with the average monthly electric bill for a two-bedroom apartment running around $127. Furthermore, the local tax rate is only 0.04%, which makes it one of the lowest in Louisiana. All in all, living in this small town can be an affordable experience for many people looking to relocate or start a business without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHall SummitLouisianaUnited States
    Unlock89.9100.0
  89.0  Unlock100.0
    Unlock113.2100.0
  21.2  Unlock100.0
    Unlock$184,800$338,100
  91.5  Unlock100.0
    Unlock108.2100.0
  71.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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