Housing costs in Lake Charles?
A typical home costs
$111,900, which is 66.9% less expensive than the national average of
$338,100 and 39.4% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Lake Charles costs
$990 per month, which is 1.0% cheaper than the national average of
$1,000 and close to the state average of
$980.
Can I afford Lake Charles?
To live comfortably in Lake Charles (zip 70615), Louisiana, a minimum annual income of
$21,600 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Lake Charles?
The cost of living in 70615 Lake Charles, LA is relatively low compared to other areas around the country. According to Best Places, the cost of living index for this area is 86.9, which is 14.1 percent lower than the national average. The median income in this area is $35,375 and the median home value is $98,000. This makes it an attractive option for those looking for a more affordable place to live with plenty of activities available nearby. Additionally, the area has seen a steady increase in population over the last few years as people move from other parts of the country to take advantage of its many amenities and resources.