Zip 70462 (Springfield, LA) Cost of Living


1 Reviews



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How much do I need to live in Springfield, Louisiana?
$3,660 / month
for a family, 32.2% less expensive than the national average A total of $43,920 for the year for a family.
$2,667 / month
for a single person, 44.1% less expensive than the national average A total of $32,000 for the year for a single person.

Springfield cost of living score
96.7
Less expensive
3.3% lower
than the US average
7.6% higher
than the Louisiana average
Springfield (zip 70462), Louisiana gets a BestPlaces Cost of Living score of 96.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.3% lower than the U.S. average and 7.6% lower than the average for Louisiana.

Zip 70462 (Springfield, LA)

Housing costs in Springfield?
A typical home costs $229,900, which is 32.0% less expensive than the national average of $338,100 and 24.4% more expensive than the average Louisiana home, at $184,800. Renting a two-bedroom unit in Springfield costs $920 per month, which is 8.0% cheaper than the national average of $1,000 and 7.6% cheaper than the state average of $990.

Can I afford Springfield?
To live comfortably in Springfield (zip 70462), Louisiana, a minimum annual income of $43,920 for a family, and $32,000 for a single person is recommended.

What does A.I. say about Springfield?
The cost of living in 70462 Springfield, LA is quite reasonable. Housing costs are well below the national average, with an average home costing about $160,000. The local economy is largely based on agriculture and tourism, providing a generally low cost of goods and services. Utility prices are also lower than the national average, making the overall cost of living quite affordable. Additionally, the town offers quality education and healthcare options at relatively low costs compared to other towns in Louisiana. All these factors combine to make 70462 Springfield a great place to live for those looking for an affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSpringfieldLouisianaUnited States
    Unlock89.9100.0
  94.6  Unlock100.0
    Unlock113.2100.0
  78.9  Unlock100.0
    Unlock$184,800$338,100
  89.5  Unlock100.0
    Unlock108.2100.0
  91.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Springfield
    See all (1)

Over 16 years ago

I have lived here for 44 years. Well, I left a few years for college and work for some in-between time, but my roots were established here 44 years ago. This is a  More

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