B+
5%
Overall NAT. AVG.
3%
Goods & Services NAT. AVG.
9%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Laplace Louisiana National
Cost of living9591100
Goods & Services10396100
Groceries9695100
Health care11499100
Housing9181100
Transportation9296100
Utilities7884100

An Overview of Cost of Living in Laplace, LA

Knowing the cost of living in Laplace allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Laplace stands at 95, marking it 5% lower than the national average.

Everyday expenditures like food, housing, goods and services, transportation and health care in Laplace are priced in a manner consistent with other areas. This means that residents of Laplace can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

Is Laplace Affordable?

Is Laplace an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Laplace, the median home price is 12.9% lower than what most folks pay across the country, and monthly rent prices are 1.4% higher than the usual rates. Income levels in Laplace come in at $62,383, which is 12.8% higher than the national average.

What Factors can Influence the Cost of Living in Laplace?

Utilities: Like everything else, utilities costs can range significantly depending on factors like climate, energy sources available, location and even state regulations. Things like electricity, water, heating and waste disposal costs can be higher or lower, depending on the city or state. The utilities index in Laplace comes in at 22.4% lower than the national average.

Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Laplace, the transportation index is 8.1% lower than the national average.

Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Laplace, the healthcare costs are 13.6% higher than the national average.

Where is the Data From?

The Laplace cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Laplace is 5% higher than the Louisiana average
  • The cost of living in Laplace is 5% lower than the national average
  • Laplace housing is 9% lower than the national average
  • Louisiana general sales tax is 13% lower than the national average
  • Louisiana state income tax is 29% lower than the national average

Most Affordable Places to Live in and Around Laplace

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Compare Laplace, LA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$66,474$5,540$1,551$1,994
      Renters$43,012$3,584$1,004$1,290
      A good indicator of the general affordability of housing in Laplace, LA, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Laplace, the median monthly income is $66,474 for those who own their own homes. Under the standard rule, that income level would allow for $1,551 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $43,012, per the median income in the area. That would allow for renters to spend up to $1,004 on monthly rental expenses.

      Louisiana Sales Tax

      State General Sales Tax With Max Surtax
      Louisiana 4.45% 11.45%

      Louisiana Income Tax

      State Income Tax (Low) Income Tax (High)
      Louisiana 1.85% 4.25%

      Goods & Services

      Item Laplace National avg. Difference
      Haircut $21.67$24.2610.7%
      Beauty Salon $43.17$45.565.3%
      Toothpaste $3.57$3.703.6%
      Shampoo $1.22$1.284.5%
      Movie $13.30$12.139.6%
      Bowling $12.33$18.0031.5%

      Groceries

      Item Laplace National avg. Difference
      Ground Beef $6.15$5.845.3%
      Fried Chicken $1.39$1.5711.6%
      Milk $4.55$4.672.5%
      Potatoes $5.31$4.937.5%
      Pizza $12.61$12.094.3%
      Beer $10.23$10.411.7%

      Health Care

      Item Laplace National avg. Difference
      Optometrist $128.17$125.682.0%
      Doctor $127.78$135.785.9%
      Dentist $129.44$113.2914.3%
      Ibuprofen $10.46$10.651.8%
      Lipitor $482.03$468.602.9%

      Housing

      Item Laplace National avg. Difference
      Home Price $160,900.00$184,700.0012.9%
      Avg. Mortgage Payment $1,882.94$2,346.6919.8%
      Apartment Rent $962.00$949.001.4%

      Transportation

      Item Laplace National avg. Difference
      Gasoline $3.14$3.469.2%
      Tire Balancing $68.00$59.9213.5%

      Utilities

      Item Laplace National avg. Difference
      All Electricity $149.86$193.9922.8%
      Phone $186.90$192.252.8%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Taft, LA15973.1%
      Kraemer, LA1,0418316.9%
      Lutcher, LA3,2298613.9%
      Reserve, LA8,5068613.7%
      New Sarpy, LA1,2659010.4%
      Laplace, LA29,232954.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Central, LA29,2351054.7%
      Russellville, AR29,2278217.6%
      Port Chester, NY29,21014847.6%
      Niles, IL29,19811616.4%
      Carlsbad, NM29,278955.5%
      Laplace, LA29,232954.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.