Zip 71264 (Oak Ridge, LA) Cost of Living


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United States / Louisiana / No Metro Area / Morehouse County / Oak Ridge / Oak Ridge (zip 71264)
How much do I need to live in Oak Ridge, Louisiana?
$2,040 / month
for a family, 62.2% less expensive than the national average A total of $24,480 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Oak Ridge cost of living score
75.4
Less expensive
24.6% lower
than the US average
16.1% lower
than the Louisiana average
Oak Ridge (zip 71264), Louisiana gets a BestPlaces Cost of Living score of 75.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.6% lower than the U.S. average and 16.1% higher than the average for Louisiana.

Zip 71264 (Oak Ridge, LA)

Housing costs in Oak Ridge?
A typical home costs $127,200, which is 62.4% less expensive than the national average of $338,100 and 31.2% less expensive than the average Louisiana home, at $184,800. Renting a two-bedroom unit in Oak Ridge costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 28.2% cheaper than the state average of $1,000.

Can I afford Oak Ridge?
To live comfortably in Oak Ridge (zip 71264), Louisiana, a minimum annual income of $24,480 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Oak Ridge?
The cost of living in 71264 Oak Ridge, LA is quite reasonable. The median home price is just under $90,000, making it an affordable place to live for people of all economic backgrounds. In addition, the average cost of utilities for a typical household is only around $70 per month. Other costs such as groceries and transportation are also exceptionally low. Overall, the cost of living in 71264 Oak Ridge, LA is quite competitive and makes it a great place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesOak RidgeLouisianaUnited States
    Unlock89.9100.0
  91.1  Unlock100.0
    Unlock113.2100.0
  40.9  Unlock100.0
    Unlock$184,800$338,100
  88.3  Unlock100.0
    Unlock108.2100.0
  72.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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