Housing costs in New Iberia?
A typical home costs
$128,300, which is 62.1% less expensive than the national average of
$338,100 and 30.6% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in New Iberia costs
$930 per month, which is 7.0% cheaper than the national average of
$1,000 and close to the state average of
$930.
Can I afford New Iberia?
To live comfortably in New Iberia (zip 70560), Louisiana, a minimum annual income of
$24,480 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about New Iberia?
The cost of living in 70560 New Iberia, LA is fairly affordable. The median home value is $104,900, making it a great choice for those looking to buy a home. The median rent price is also very low at only $830 per month. Groceries and other household items are much cheaper than the national average here as well. This makes 70560 New Iberia a great place to live if you’re looking for an affordable area with all the amenities the larger cities have but without the high cost of living.