Housing costs in Monterey?
A typical home costs
$142,400, which is 57.9% less expensive than the national average of
$338,100 and 22.9% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Monterey costs
$670 per month, which is 33.0% cheaper than the national average of
$1,000 and 13.4% cheaper than the state average of
$760.
Can I afford Monterey?
To live comfortably in Monterey (zip 71354), Louisiana, a minimum annual income of
$27,360 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Monterey?
The cost of living in Monterey, LA (zip code 71354) is relatively low. Housing costs are especially affordable with the median home value just over $100,000. Other living expenses, such as groceries and utilities, are also generally lower than the national average. Additionally, the overall tax rate for Louisiana is one of the lowest in the US. All this makes Monterey, LA an attractive destination for those who want to enjoy a low cost of living without sacrificing amenities or quality of life.