Housing costs in Hammond?
A typical home costs
$199,600, which is 41.0% less expensive than the national average of
$338,100 and 8.0% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Hammond costs
$1,000 per month, which is 0.0% cheaper than the national average of
$1,000 and close to the state average of
$1,000.
Can I afford Hammond?
To live comfortably in Hammond (zip 70403), Louisiana, a minimum annual income of
$38,160 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Hammond?
The cost of living in 70403 Hammond, LA is slightly above the national average. The median home value is around $140,000, which is slightly higher than the state and national average. Rent prices are around $800 per month for a one bedroom apartment. Groceries and transportation costs are consistent with the national averages. All in all, Hammond has a relatively affordable cost of living compared to other areas in the state.