Housing costs in Homer?
A typical home costs
$71,700, which is 78.8% less expensive than the national average of
$338,100 and 61.2% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Homer costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 14.9% cheaper than the state average of
$1,000.
Can I afford Homer?
To live comfortably in Homer (zip 71040), Louisiana, a minimum annual income of
$13,680 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Homer?
The cost of living in 71040 Homer, LA is relatively affordable compared to other areas of the country. According to BestPlaces, the cost of living index for Homer is 75.8, which is significantly lower than the national average of 100. The cost of housing in particular is quite low, with an average two bedroom apartment renting for around $650 per month. Other expenses such as groceries and utilities are also affordable, with the overall cost of living being much lower than many other states across the US.