Zip 71474 (Simpson, LA) Cost of Living


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How much do I need to live in Simpson, Louisiana?
$3,000 / month
for a family, 44.4% less expensive than the national average A total of $36,000 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Simpson cost of living score
79.3
Less expensive
20.7% lower
than the US average
11.8% lower
than the Louisiana average
Simpson (zip 71474), Louisiana gets a BestPlaces Cost of Living score of 79.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.7% lower than the U.S. average and 11.8% higher than the average for Louisiana.

Zip 71474 (Simpson, LA)

Housing costs in Simpson?
A typical home costs $188,300, which is 44.3% less expensive than the national average of $338,100 and 1.9% more expensive than the average Louisiana home, at $184,800. Renting a two-bedroom unit in Simpson costs $860 per month, which is 14.0% cheaper than the national average of $1,000 and 11.6% cheaper than the state average of $960.

Can I afford Simpson?
To live comfortably in Simpson (zip 71474), Louisiana, a minimum annual income of $36,000 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Simpson?
The cost of living in 71474 Simpson, LA is relatively low. The median home cost in Simpson is around $172,000, which is significantly lower than the national average. Additionally, the average cost of groceries and other necessities are also below the national average. This makes it easy for families to stretch their budgets further and ensures that residents can find affordable housing options. In terms of transportation costs, gas prices tend to stay relatively low due to Simpson's proximity to larger cities like Shreveport. All in all, the cost of living in 71474 Simpson, LA is quite reasonable and attractive for those looking to save money and live a comfortable life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSimpsonLouisianaUnited States
    Unlock89.9100.0
  91.1  Unlock100.0
    Unlock113.2100.0
  38.5  Unlock100.0
    Unlock$184,800$338,100
  90.5  Unlock100.0
    Unlock108.2100.0
  86.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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