Meraux 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.
IndexMerauxLouisianaNational
Cost of living index9091100
IndexMerauxLouisianaNational
Goods & Services index9397100
Groceries index9897100
Health care index9995100
Housing index8782100
Transportation index8694100
Utilities index8488100
An overview of the general cost of living index for Meraux, LA is displayed above for your reference. Residents in Meraux, LA enjoy a cost of living index of 90. This index is 1% lower than the Louisiana average, and 10% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Meraux, LA, the average cost of goods and services is 4% lower than it is in Louisiana, and it is 7% lower than the national average.

Did you know?

  • The cost of living in Meraux is 1% lower than the Louisiana average.
  • The cost of living in Meraux is 10% lower than the national average.
  • The cost of housing in Meraux is 13% 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 Meraux, LA Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Meraux, LA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Meraux, LA, you have to earn a higher income in order to still have the same standard of living. To operate the Meraux, LA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$68,897$5,741$1,607$2,067
Renters$41,949$3,496$979$1,259
One can approximate the cost of living and the housing affordability in Meraux, 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 Meraux, LA have a median income of $68,897. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,607 per month to avoid calamity and poverty. The renters in the city have an income of about $41,949, which would make their monthly maximum allowable rental costs $979.

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 Meraux, 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

ItemMerauxNational avg.Difference
Haircut $13.33$14.598.7%
Beauty Salon $35.00$34.680.9%
Toothpaste $2.05$2.4717.1%
Shampoo $0.92$1.0210.0%
Movie $10.60$9.877.4%
Bowling $8.00$4.3982.2%

Groceries

ItemMerauxNational avg.Difference
Ground Beef $4.23$4.485.5%
Fried Chicken $1.32$1.469.8%
Milk $2.63$2.3611.6%
Potatoes $3.65$3.0619.2%
Pizza $8.99$9.242.7%
Beer $7.58$8.6312.2%

Health Care

ItemMerauxNational avg.Difference
Optometrist $75.67$99.7824.2%
Doctor $81.90$105.0322.0%
Dentist $97.50$88.709.9%
Ibuprofen $10.62$9.4112.8%
Lipitor $323.59$298.508.4%

Housing

ItemMerauxNational avg.Difference
Home Price $140,100.00$175,700.0020.3%
Avg. Mortgage Payment $1,015.20$1,081.036.1%
Apartment Rent $943.00$920.002.5%

Transportation

ItemMerauxNational avg.Difference
Gasoline $1.82$2.0913.2%
Tire Balancing $38.32$45.2915.4%

Utilities

ItemMerauxNational avg.Difference
All Electricity$125.82$170.8026.3%
Phone $28.01$28.260.9%
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.
Pleasure Bend, LA33279-21%
Poydras, LA2,30984-16%
Bridge City, LA7,16384-16%
Barataria, LA90885-15%
Violet, LA6,10286-14%
Meraux, LA6,62790-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Raton, NM6,62777-23%
Champion Heights, OH6,62682-18%
Wickenburg, AZ6,62992-8%
Oneonta, AL6,62388-12%
Cedarhurst, NY6,63117979%
Meraux, LA6,62790-10%
Source: The Meraux, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.