DeRidder 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.
IndexDeRidderLouisianaNational
Cost of living index8692100
IndexDeRidderLouisianaNational
Goods & Services index9199100
Groceries index9696100
Health care index9597100
Housing index7282100
Transportation index9895100
Utilities index8991100
Displayed above is a general overview of the DeRidder, LA cost of living index. The overall cost of living index in DeRidder, LA is 86, which is 6% lower than the Louisiana average and 14% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in DeRidder, LA are 8% lower than the Louisiana average and 10% lower than the national average.

Did you know?

  • The cost of living in DeRidder is 6% lower than the Louisiana average.
  • The cost of living in DeRidder is 14% lower than the national average.
  • The cost of housing in DeRidder is 28% 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 DeRidder, LA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in DeRidder, LA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of DeRidder, LA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the DeRidder, LA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$56,440$4,703$1,317$1,693
Renters$26,170$2,181$611$785
If you want to find a good determining factor for the cost of living and the general affordability of housing in DeRidder, LA, all you must look at 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 DeRidder, LA, the median monthly income is $56,440 for those who own their own homes. Under the standard rule, that income level would allow for $1,317 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $26,170, per the median income in the area. That would allow for renters to spend up to $611 on monthly rental expenses.

Louisiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Louisiana4%11%

Louisiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Louisiana2%6%
The Louisiana sales tax and Louisiana income tax rates should definitely be considered when determining the overall cost of living in DeRidder, LA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Louisiana sales tax is 4% and the maximum surtax is 11%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Louisiana income tax rates range from 2% to 6%.

Goods & Services

ItemDeRidderNational avg.Difference
Haircut $14.97$15.563.8%
Beauty Salon $35.17$36.112.6%
Toothpaste $2.31$2.476.4%
Shampoo $1.02$0.965.7%
Movie $7.83$10.1322.6%
Bowling $6.00$4.7426.7%

Groceries

ItemDeRidderNational avg.Difference
Ground Beef $3.64$3.988.6%
Fried Chicken $1.12$1.4120.6%
Milk $2.36$2.0614.4%
Potatoes $2.65$2.9811.1%
Pizza $8.41$9.4711.2%
Beer $8.15$8.797.3%

Health Care

ItemDeRidderNational avg.Difference
Optometrist $106.08$101.045.0%
Doctor $82.67$107.4423.1%
Dentist $87.45$90.423.3%
Ibuprofen $9.72$9.284.8%
Lipitor $450.92$426.505.7%

Housing

ItemDeRidderNational avg.Difference
Home Price $123,900.00$175,700.0029.5%
Avg. Mortgage Payment $1,080.91$1,133.234.6%
Apartment Rent $685.00$920.0025.5%

Transportation

ItemDeRidderNational avg.Difference
Gasoline $1.81$1.999.3%
Tire Balancing $52.85$45.7615.5%

Utilities

ItemDeRidderNational avg.Difference
All Electricity$120.16$163.8126.6%
Phone $31.32$28.3910.3%
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.
Merryville, LA98876-24%
Rosepine, LA1,85583-17%
Singer, LA54586-14%
Fort Polk South, LA9,6351033%
DeRidder, LA10,84686-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Vidor, TX10,84482-18%
Picayune, MS10,83888-12%
Spearfish, SD10,83694-6%
Van Wert, OH10,85984-16%
Elwood, NY10,83316262%
DeRidder, LA10,84686-14%
Source: The DeRidder, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.