Housing costs in Lake Providence?
A typical home costs
$72,800, which is 78.5% less expensive than the national average of
$338,100 and 60.6% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Lake Providence costs
$570 per month, which is 60.1% cheaper than the national average of
$1,430 and 75.4% cheaper than the state average of
$1,000.
Can I afford Lake Providence?
To live comfortably in Lake Providence (zip 71254), Louisiana, a minimum annual income of
$14,040 for a family, and
$17,600 for a single person is recommended.
What does A.I. say about Lake Providence?
The cost of living in Lake Providence, LA is quite affordable. The median home price is $82,000, which is much lower than other parts of the country. Utilities are also very inexpensive and generally range from about $50 to $100 per month depending on usage. Groceries are a bit higher than the national average but still reasonable. Gas prices are fairly low as well, and there are plenty of local restaurants and businesses offering goods at great prices. Overall, the cost of living in Lake Providence is quite affordable for those looking to make a move or start a new life in this small town in Louisiana.