Patterson 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.
IndexPattersonLouisianaNational
Cost of living index9092100
IndexPattersonLouisianaNational
Goods & Services index10699100
Groceries index9696100
Health care index11497100
Housing index6982100
Transportation index9195100
Utilities index8391100
Here we can see a simple outline of the cost of living in Patterson, LA. As you can see, with the average cost of living in Patterson, LA being 90, that puts it 2% lower than the average of Louisiana and 10% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Patterson, LA, the price of goods and services are 7% higher than the average of Louisiana as well as 6% higher than the nation's average.

Did you know?

  • The cost of living in Patterson is 2% lower than the Louisiana average.
  • The cost of living in Patterson is 10% lower than the national average.
  • The cost of housing in Patterson is 31% 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 Patterson, LA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
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Groceries index
Health care index
Housing index
Transportation index
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Using the salary calculator lets you compare the salary you earn in Patterson, 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 Patterson, LA, you have to earn a higher income in order to still have the same standard of living. To operate the Patterson, 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$50,385$4,199$1,176$1,512
Renters$46,552$3,879$1,086$1,397
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Patterson, LA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Patterson, LA has a median income of about $50,385 for people who own homes. Based on that number, a person should spend a maximum of $1,176 on expenses related to housing. Renters have a slightly different median income, which is $46,552. Based on this average, renters should spend no more than $1,086 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 Patterson, 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

ItemPattersonNational avg.Difference
Haircut $19.67$15.5626.4%
Beauty Salon $41.28$36.1114.3%
Toothpaste $2.00$2.4719.0%
Shampoo $0.84$0.9612.6%
Movie $9.73$10.133.9%
Bowling $4.75$4.740.2%

Groceries

ItemPattersonNational avg.Difference
Ground Beef $3.75$3.985.8%
Fried Chicken $1.17$1.4117.1%
Milk $2.34$2.0613.4%
Potatoes $3.08$2.983.4%
Pizza $8.49$9.4710.3%
Beer $8.23$8.796.4%

Health Care

ItemPattersonNational avg.Difference
Optometrist $147.28$101.0445.8%
Doctor $136.33$107.4426.9%
Dentist $98.67$90.429.1%
Ibuprofen $9.14$9.281.5%
Lipitor $442.08$426.503.7%

Housing

ItemPattersonNational avg.Difference
Home Price $112,200.00$175,700.0036.1%
Avg. Mortgage Payment $1,015.66$1,133.2310.4%
Apartment Rent $738.00$920.0019.8%

Transportation

ItemPattersonNational avg.Difference
Gasoline $1.86$1.996.6%
Tire Balancing $39.79$45.7613.0%

Utilities

ItemPattersonNational avg.Difference
All Electricity$133.79$163.8118.3%
Phone $24.01$28.3915.4%
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, StatePopulationCost of Living IndexNational Avg.
Siracusaville, LA60276-24%
Bayou L'Ourse, LA1,37582-18%
Amelia, LA2,29082-18%
Baldwin, LA2,08781-19%
Franklin, LA7,48382-18%
Patterson, LA6,10090-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Slaton, TX6,10077-23%
Bridgeport, TX6,09994-6%
Violet, LA6,10289-11%
Kingston, MA6,10314141%
Naples Manor, FL6,09690-10%
Patterson, LA6,10090-10%
Source: The Patterson, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.