Housing costs in Iota?
A typical home costs
$151,400, which is 55.2% less expensive than the national average of
$338,100 and 18.1% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Iota costs
$730 per month, which is 27.0% cheaper than the national average of
$1,000 and 27.4% cheaper than the state average of
$930.
Can I afford Iota?
To live comfortably in Iota (zip 70543), Louisiana, a minimum annual income of
$29,160 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Iota?
The cost of living in 70543 Iota, LA is relatively low. The median home price in the area is $150,000, significantly lower than the national average. The median household income is also lower than the national average, coming it at around $37,500 annually. Groceries and utilities are also relatively inexpensive in Iota, with most households spending around 15% of their total income on these items combined. It's not uncommon for renters to find affordable apartments in Iota either - monthly rents typically range from $500 to $800 per month. All told, living in Iota can offer a great quality of life at a much lower cost than many other places throughout the country.