Housing costs in Montgomery?
A typical home costs
$90,000, which is 73.4% less expensive than the national average of
$338,100 and 51.3% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Montgomery costs
$730 per month, which is 27.0% cheaper than the national average of
$1,000 and 23.3% cheaper than the state average of
$900.
Can I afford Montgomery?
To live comfortably in Montgomery (zip 71454), Louisiana, a minimum annual income of
$17,280 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Montgomery?
The cost of living in 71454 Montgomery, LA is reasonable and affordable. The median home value is $127,800, which is lower than the national average of $231,200. Residents enjoy low housing costs with a median rent of $837 per month, which is significantly lower than the US average of $1,470. In addition, food prices are 6% lower than the national average and utility costs are 10% below the national average. This makes 71454 an attractive option for those looking for a budget-friendly place to live.