C
8%
Overall NAT. AVG.
5%
Goods & Services NAT. AVG.
33%
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 Prairieville Louisiana National
Cost of living10891100
Goods & Services10596100
Groceries9795100
Health care10099100
Housing13381100
Transportation9696100
Utilities7384100

An Overview of Cost of Living in Prairieville, LA

Are you thinking about relocating, but curious about the potential cost of living in Prairieville? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Prairieville stands at 108, making it 8% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in Prairieville is about average when compared to all other cities across the nation. You can expect that everyday items like food, goods and services and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

When it comes to the cost of living in Prairieville, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 33.3% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.

Is Prairieville Affordable?

Is Prairieville affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Prairieville, for instance, where the median home price falls 40.2% higher than the national average, and monthly rent rates are 17.3% higher than usual. Additionally, median income levels contribute to the equation, with Prairieville flaunting a median household income of $99,722, 80.3% higher than the national norm.

What Factors can Influence the Cost of Living in Prairieville?

Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.

Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Prairieville, the transportation index is 4.5% lower than the national average.

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Prairieville, healthcare costs are 0.1% higher than the national average.

Where is the Data From?

The cost of living in Prairieville, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Prairieville is 19% higher than the Louisiana average
  • The cost of living in Prairieville is 8% higher than the national average
  • Prairieville housing is 33% higher 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 Prairieville

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Compare Prairieville, 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$108,887$9,074$2,541$3,267
      Renters$43,327$3,611$1,011$1,300
      The affordability of the housing market in Prairieville, LA as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Prairieville homeowners, the median income is $108,887. This indicates that a monthly maximum of $2,541 should be spent by homeowners on all housing related costs. Renters have a median income of $43,327. This indicates that renters would have a maximum of $1,011 for their rent related monthly costs.

      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 Prairieville National avg. Difference
      Haircut $25.61$24.265.6%
      Beauty Salon $43.33$45.564.9%
      Toothpaste $3.63$3.702.0%
      Shampoo $1.17$1.288.9%
      Movie $11.59$12.134.5%
      Bowling $20.00$18.0011.1%

      Groceries

      Item Prairieville National avg. Difference
      Ground Beef $5.45$5.846.7%
      Fried Chicken $1.67$1.576.2%
      Milk $4.56$4.672.4%
      Potatoes $5.20$4.935.4%
      Pizza $10.99$12.099.1%
      Beer $10.03$10.413.7%

      Health Care

      Item Prairieville National avg. Difference
      Optometrist $114.13$125.689.2%
      Doctor $130.33$135.784.0%
      Dentist $114.58$113.291.1%
      Ibuprofen $10.22$10.654.1%
      Lipitor $527.50$468.6012.6%

      Housing

      Item Prairieville National avg. Difference
      Home Price $259,000.00$184,700.0040.2%
      Avg. Mortgage Payment $1,958.49$2,346.6916.5%
      Apartment Rent $1,113.00$949.0017.3%

      Transportation

      Item Prairieville National avg. Difference
      Gasoline $3.20$3.467.5%
      Tire Balancing $61.61$59.922.8%

      Utilities

      Item Prairieville National avg. Difference
      All Electricity $111.88$193.9942.3%
      Phone $185.70$192.253.4%
      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.
      Bayou Goula, LA370973.0%
      White Castle, LA2,2608317.3%
      Lemannville, LA9808514.8%
      Merrydale, LA9,5239010.1%
      Port Allen, LA4,883937.4%
      Prairieville, LA33,2281087.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Northbrook, IL33,21615555.2%
      Springville, UT33,25111413.9%
      Hinesville, GA33,304936.9%
      Lexington, MA33,304213112.7%
      Holland, MI33,329937.1%
      Prairieville, LA33,2281087.9%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.