Chackbay cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexChackbayLouisianaNational
Cost of living index8991100
IndexChackbayLouisianaNational
Goods & Services index9597100
Groceries index9597100
Health care index10595100
Housing index7682100
Transportation index10094100
Utilities index8088100
A general summary of the cost of living index in Chackbay, LA is shown above. Compared to the state average of Louisiana the cost of living index in Chackbay, LA is 89, which is 2% lower than the average in Louisiana and compared to the national average it is 11% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Chackbay, LA goods and services come in at 1% lower than the average in Louisiana and are 5% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Chackbay is 2% lower than the Louisiana average.
  • The cost of living in Chackbay is 11% lower than the national average.
  • The cost of housing in Chackbay is 24% lower than the national average.
  • Louisiana general sales tax is 21% lower than the national average.
  • Louisiana state income tax is 10% lower than the national average.

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Compare Chackbay, LA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Chackbay, LA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Chackbay, LA, then you would need to earn more income in order to maintain the same standard of living. To use the Chackbay, LA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$60,320$5,027$1,407$1,810
Renters$39,667$3,306$926$1,190
One can approximate the cost of living and the housing affordability in Chackbay, LA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Chackbay, LA have a median income of $60,320. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,407 per month to avoid calamity and poverty. The renters in the city have an income of about $39,667, which would make their monthly maximum allowable rental costs $926.

Louisiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Louisiana4%11%

Louisiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Louisiana2%6%
When you are determining the total cost of living in Chackbay, LA you will want to make sure you consider both the Louisiana sales tax and the Louisiana income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Louisiana is 4%, with the highest surtax being 11%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Louisiana have a range from 2% to 6%.

Goods & Services

ItemChackbayNational avg.Difference
Haircut $16.00$14.599.6%
Beauty Salon $30.00$34.6813.5%
Toothpaste $1.96$2.4720.8%
Shampoo $0.97$1.025.1%
Movie $10.34$9.874.8%
Bowling $4.25$4.393.2%

Groceries

ItemChackbayNational avg.Difference
Ground Beef $5.07$4.4813.3%
Fried Chicken $1.38$1.465.7%
Milk $2.45$2.364.0%
Potatoes $3.84$3.0625.4%
Pizza $8.49$9.248.1%
Beer $7.88$8.638.7%

Health Care

ItemChackbayNational avg.Difference
Optometrist $109.50$99.789.7%
Doctor $94.00$105.0310.5%
Dentist $95.00$88.707.1%
Ibuprofen $11.99$9.4127.4%
Lipitor $335.03$298.5012.2%

Housing

ItemChackbayNational avg.Difference
Home Price $107,900.00$175,700.0038.6%
Avg. Mortgage Payment $881.52$1,081.0318.5%
Apartment Rent $1,026.00$920.0011.5%

Transportation

ItemChackbayNational avg.Difference
Gasoline $2.05$2.092.2%
Tire Balancing $47.90$45.295.8%

Utilities

ItemChackbayNational avg.Difference
All Electricity$127.35$170.8025.4%
Phone $24.91$28.2611.8%
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, StatePopulationCost of Living IndexNational Avg.
Choctaw, LA79673-27%
St. James, LA93474-26%
Moonshine, LA11476-24%
Welcome, LA1,01477-23%
Wallace, LA80381-19%
Chackbay, LA5,29989-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ballston Spa, NY5,2981099%
Timber Pines, FL5,30091-9%
De Witt, IA5,29792-8%
Vine Grove, KY5,29692-8%
Thiells, NY5,29514444%
Chackbay, LA5,29989-11%
Source: The Chackbay, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.