Rayville 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.
IndexRayvilleLouisianaNational
Cost of living index7891100
IndexRayvilleLouisianaNational
Goods & Services index9997100
Groceries index9897100
Health care index9195100
Housing index4182100
Transportation index8994100
Utilities index8288100
Here we can see a simple outline of the cost of living in Rayville, LA. As you can see, with the average cost of living in Rayville, LA being 78, that puts it 14% lower than the average of Louisiana and 22% 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 Rayville, LA, the price of goods and services are 2% higher than the average of Louisiana as well as 2% lower than the nation's average.

Did you know?

  • The cost of living in Rayville is 14% lower than the Louisiana average.
  • The cost of living in Rayville is 22% lower than the national average.
  • The cost of housing in Rayville is 59% 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 Rayville, 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
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in Rayville, 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 Rayville, LA, you have to earn a higher income in order to still have the same standard of living. To operate the Rayville, 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$30,658$2,555$715$920
Renters$22,458$1,872$524$674
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Rayville, LA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Rayville, LA homeowners, is $30,658. This would allow for a maximum of $715 per month to be spent on housing costs. For renters, the median monthly income is $22,458 which would result in a maximum of $524 to be spent on rental costs.

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 Rayville, 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

ItemRayvilleNational avg.Difference
Haircut $14.33$14.591.8%
Beauty Salon $27.50$34.6820.7%
Toothpaste $2.52$2.471.9%
Shampoo $0.97$1.025.1%
Movie $7.25$9.8726.5%
Bowling $4.59$4.394.5%

Groceries

ItemRayvilleNational avg.Difference
Ground Beef $3.77$4.4815.8%
Fried Chicken $1.22$1.4616.7%
Milk $2.88$2.3622.2%
Potatoes $3.82$3.0624.8%
Pizza $8.99$9.242.7%
Beer $7.74$8.6310.3%

Health Care

ItemRayvilleNational avg.Difference
Optometrist $81.25$99.7818.6%
Doctor $83.67$105.0320.3%
Dentist $84.33$88.704.9%
Ibuprofen $9.47$9.410.6%
Lipitor $294.69$298.501.3%

Housing

ItemRayvilleNational avg.Difference
Home Price $63,700.00$175,700.0063.7%
Avg. Mortgage Payment $1,067.80$1,081.031.2%
Apartment Rent $482.00$920.0047.6%

Transportation

ItemRayvilleNational avg.Difference
Gasoline $1.98$2.095.1%
Tire Balancing $33.50$45.2926.0%

Utilities

ItemRayvilleNational avg.Difference
All Electricity$131.56$170.8023.0%
Phone $25.01$28.2611.5%
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.
Mangham, LA81977-23%
Baskin, LA29179-21%
Start, LA94085-15%
Swartz, LA4,97788-12%
Oak Ridge, LA12092-8%
Rayville, LA3,74578-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Nome, AK3,74513838%
Genesee, CO3,74516161%
Hudson, NC3,74495-5%
Mineral Ridge, OH3,74479-21%
Lyons, KS3,74682-18%
Rayville, LA3,74578-22%
Source: The Rayville, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.