Fort Polk South 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.
IndexFort Polk SouthLouisianaNational
Cost of living index10392100
IndexFort Polk SouthLouisianaNational
Goods & Services index10599100
Groceries index9996100
Health care index10997100
Housing index10782100
Transportation index9895100
Utilities index8891100
A general overview of the cost of living index for Fort Polk South, LA is displayed above. In Fort Polk South, LA, the overall cost of living index is 103, which is 12% higher than the Louisiana average and 3% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Fort Polk South, LA, the city's goods and services are 7% higher than the Louisiana average and 5% higher than the U.S. average.

Did you know?

  • The cost of living in Fort Polk South is 12% higher than the Louisiana average.
  • The cost of living in Fort Polk South is 3% higher than the national average.
  • The cost of housing in Fort Polk South is 7% higher 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 Fort Polk South, LA Cost of living To Other Cities

Salary Calculator

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Health care index
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The salary calculator allows you to compare how much your current salary in Fort Polk South, LA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Fort Polk South, LA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Fort Polk South, LA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$0$0$0$0
Renters$44,158$3,680$1,030$1,325
One can approximate the cost of living and the housing affordability in Fort Polk South, 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 Fort Polk South, LA have a median income of $0. Therefore, the amount that a consumer should spend on housing costs should be no more than $0 per month to avoid calamity and poverty. The renters in the city have an income of about $44,158, which would make their monthly maximum allowable rental costs $1,030.

Louisiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Louisiana4%11%

Louisiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Louisiana2%6%
When assessing the complete cost of living in Fort Polk South, LA, the Louisiana income tax and the Louisiana sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Louisiana maximum surtax is 11%, and the Louisiana sales tax is 4%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 2% to 6% in Louisiana.

Goods & Services

ItemFort Polk SouthNational avg.Difference
Haircut $11.31$15.5627.4%
Beauty Salon $29.75$36.1117.6%
Toothpaste $3.04$2.4723.0%
Shampoo $1.10$0.9614.0%
Movie $9.92$10.132.1%
Bowling $4.50$4.745.0%

Groceries

ItemFort Polk SouthNational avg.Difference
Ground Beef $4.47$3.9812.1%
Fried Chicken $1.28$1.418.8%
Milk $3.05$2.0648.0%
Potatoes $3.52$2.9818.0%
Pizza $12.44$9.4731.3%
Beer $8.40$8.794.4%

Health Care

ItemFort Polk SouthNational avg.Difference
Optometrist $94.67$101.046.3%
Doctor $116.89$107.448.8%
Dentist $108.17$90.4219.6%
Ibuprofen $10.97$9.2818.3%
Lipitor $377.81$426.5011.4%

Housing

ItemFort Polk SouthNational avg.Difference
Home Price $0.00$175,700.00100.0%
Avg. Mortgage Payment $1,029.33$1,133.239.2%
Apartment Rent $986.00$920.007.2%

Transportation

ItemFort Polk SouthNational avg.Difference
Gasoline $1.80$1.999.5%
Tire Balancing $52.06$45.7613.8%

Utilities

ItemFort Polk SouthNational avg.Difference
All Electricity$170.18$163.813.9%
Phone $19.33$28.3931.9%
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.
Sugartown, LA101011%
Leesville, LA6,65688-12%
Rosepine, LA1,85583-17%
New Llano, LA2,60689-11%
Anacoco, LA1,07791-9%
Fort Polk South, LA9,6351033%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bardmoor, FL9,63596-4%
Frederick, CO9,63611414%
Hackettstown, NJ9,63311919%
Jefferson, GA9,63098-2%
Lake Wylie, SC9,64011313%
Fort Polk South, LA9,6351033%
Source: The Fort Polk South, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.