1. The cost of living in Louisiana is 7% lower than the national average.
  2. Housing is 12% lower than the national average, while utilities are 14% lower.
  3. When it comes to basic necessities such as food and clothing, groceries are around 2% lower than in the rest of the country, while clothing costs 2% lower.

Moreover, What is the most affordable place to live in? Here are the top 10 most affordable cities to live in the U.S., according to the Council for Community and Economic Research’s Cost of Living report.

  • Cedar Park, Texas.
  • Midland, Texas.
  • Ogden, Utah.
  • Raleigh, North Carolina.
  • Provo, Utah.
  • Des Moines, Iowa.
  • Austin, Texas.
  • Minneapolis, Minnesota.

Where can I live for $500 a month in USA?

Without further ado – and in no particular order – here’s what $500 per month can get you in ten affordable U.S. cities:

  • Greenville, OH. Listing: Wayne Crossing. …
  • Wichita, KS. Listing: Eagle Creek. …
  • Lawton, OK. Listing: Sheridan Square Apartments. …
  • Amarillo, TX. …
  • Indianapolis, IN. …
  • Searcy, AR. …
  • Shreveport, LA. …
  • Jackson, MS.

Likewise, Which state has lowest cost of living? Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.

How much money do you need to live in Louisiana? Typical Expenses

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 2 Children
Required annual income after taxes $27,557 $75,554
Annual taxes $6,029 $18,829
Required annual income before taxes $33,585 $94,383

What is the best state to live in financially?

Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.

Where can I retire on $1300 a month?

Panama: A Home Away from Home You can retire comfortably on $1,300 per month, and it’s one of the best countries for quality of life. What’s more, English is widely spoken, and you can use your US money anywhere across the country. The country also offers first-rate hospitals, and many of its doctors are US trained.

Where can you live for free?

Free Land in the US

  • Beatrice, Nebraska.
  • Buffalo, New York.
  • Curtis, Nebraska.
  • Elwood, Nebraska.
  • Lincoln, Kansas.
  • Loup City, Nebraska.
  • Mankato, Kansas.
  • Manilla, Iowa.

How do you move with no money?

How to Move with No Money

  1. 1 Relocate to a town with a low cost of living.
  2. 2 Apply for a driveaway company.
  3. 3 Move to a place with a relocation initiative.
  4. 4 Borrow a friend’s car.
  5. 5 Move with a friend.
  6. 6 Lease a sublet.
  7. 7 Couch surf at someone else’s place.
  8. 8 Stay at a hostel temporarily.

How much do you need to live comfortably in Louisiana?

A Louisiana resident needs an annual salary of about $29,250 before taxes to get by without outside help and stay above the poverty line, according to a new cost of living calculator from MIT.

Is it cheaper to live in Louisiana or Texas?

Louisiana is 0.3% cheaper than Texas.

What is a good hourly wage in Louisiana?

Hourly Rate Salary in Louisiana

Annual Salary Hourly Wage
Top Earners $64,680 $31
75th Percentile $39,743 $19
Average $37,886 $18
25th Percentile $22,988 $11

What is minimum wage in Louisiana?

Louisiana is one of five states that does not have a minimum wage and instead relies on the federal minimum wage of $7.25 an hour. House Bill 229, sponsored by Rep.

What jobs are in demand in Louisiana?

Due High Demand jobs in Louisiana

  • Production Line Worker. new. …
  • Laboratory Processor Virtual Hiring Event. new. …
  • Work Activity Coordinator. Dow3.9. …
  • Field Interviewer – NSFG. …
  • Local Van Driver – Immediate Openings! …
  • Tank Cleaning Crewmember – 100% Travel – (TX, OK, LA, MS, AL Residents) …
  • Roustabout. …
  • Process Technicians – Plaquemine.

Where is the cheapest state to live?

Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.

Where is the most affordable place to live?

Here are the top 10 most affordable cities to live in the U.S., according to the Council for Community and Economic Research’s Cost of Living report.

  • Cedar Park, Texas.
  • Midland, Texas.
  • Ogden, Utah.
  • Raleigh, North Carolina.
  • Provo, Utah.
  • Des Moines, Iowa.
  • Austin, Texas.
  • Minneapolis, Minnesota.

How much is the cheapest place to rent?

Cheapest State for Rent in the US The least expensive state for rent is West Virginia with an average rent price of $800.

What is the cheapest and safest state to live in?

Here are the 10 most affordable states in the U.S.:

  • Indiana. Average cost of living index: 90.57. …
  • Michigan. Average cost of living index: 90.40. …
  • Missouri. Average cost of living index: 89.75. …
  • Tennessee. Average cost of living index: 89.49. …
  • Georgia. Average cost of living index: 89.30. …
  • Arkansas. …
  • Alabama. …
  • Oklahoma.

What is the cheapest state in us?

Mississippi Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.

How much does it cost for one person to live in Louisiana?

Louisiana Housing Costs The typical renter in Louisiana spends $850 a month on housing, $173 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $721, while the typical rent for a unit with five or more bedrooms is $1,140.

Is Louisiana a good place to live?

Is Louisiana a Good State to Live In? Louisiana is a great place to live because of its vibrant culture, low cost of living, and comfortable weather all year long. With winter temperatures hovering in the 70s and 80s you can keep your shorts on and not worry about shoveling snow in the morning.

Where should you not live in Louisiana?

The 20 Worst Places to Live in Louisiana

  • Monroe.
  • Walker. …
  • West Monroe. …
  • Leesville. …
  • Ponchatoula. …
  • Baton Rouge. …
  • New Orleans. New Orleans sits alongside the Mississippi River, and it is the most populous city in Louisiana. …
  • Gonzales. Gonzales is a suburb of Baton Rouge, and it has a population of 10,667. …

What is the safest city in Louisiana?

10 Safest Cities in Louisiana for 2022

  • Harahan.
  • Mandeville.
  • Youngsville.
  • Scott.
  • Kenner.
  • Zachary.
  • Broussard.
  • Gretna.

What’s the poorest city in Louisiana?

Monroe was ranked the poorest city in Louisiana in a 24/7 Wall St.

The Center Square.

Poorest City Monroe
Median Household Income $30,438
Poverty Rate 36.8%
Median Home Value $139,600
Population 48,241

• Aug 2, 2021

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