Housing costs in Mermentau?
A typical home costs
$63,200, which is 81.3% less expensive than the national average of
$338,100 and 65.8% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Mermentau costs
$750 per month, which is 25.0% cheaper than the national average of
$1,000 and 24.0% cheaper than the state average of
$930.
Can I afford Mermentau?
To live comfortably in Mermentau (zip 70556), Louisiana, a minimum annual income of
$12,240 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Mermentau?
The cost of living in 70556 Mermentau, LA is relatively low compared to many other parts of the United States. According to Sperling's Best Places, the city has an overall cost of living index of 88.3, which is 8.3% lower than the national average. Housing expenses are especially affordable in this area, with a median home value of $92,200 and much lower monthly rent and mortgage payments when compared to other parts of the country. Transportation costs are also on the low side; residents can get around town easily with an average commute time of only 18 minutes. Overall, Mermentau offers citizens an excellent quality lifestyle at a much lower cost than many other places throughout the United States.