Timberlane 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.
IndexTimberlaneLouisianaNational
Cost of living index9491100
IndexTimberlaneLouisianaNational
Goods & Services index9397100
Groceries index9897100
Health care index9995100
Housing index9982100
Transportation index8694100
Utilities index8488100
A general summary of the cost of living index in Timberlane, LA is shown above. Compared to the state average of Louisiana the cost of living index in Timberlane, LA is 94, which is 3% higher than the average in Louisiana and compared to the national average it is 6% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Timberlane, LA goods and services come in at 4% lower than the average in Louisiana and are 7% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Timberlane is 3% higher than the Louisiana average.
  • The cost of living in Timberlane is 6% lower than the national average.
  • The cost of housing in Timberlane is 1% 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 Timberlane, LA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Timberlane, LA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Timberlane, LA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Timberlane, LA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$65,148$5,429$1,520$1,955
Renters$46,224$3,852$1,078$1,387
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 Timberlane, 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. Timberlane, LA has a median income of about $65,148 for people who own homes. Based on that number, a person should spend a maximum of $1,520 on expenses related to housing. Renters have a slightly different median income, which is $46,224. Based on this average, renters should spend no more than $1,078 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%
When assessing the complete cost of living in Timberlane, 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

ItemTimberlaneNational 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

ItemTimberlaneNational 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

ItemTimberlaneNational 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

ItemTimberlaneNational avg.Difference
Home Price $159,600.00$175,700.009.2%
Avg. Mortgage Payment $1,015.20$1,081.036.1%
Apartment Rent $1,086.00$920.0018.0%

Transportation

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

Utilities

ItemTimberlaneNational 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%
Lafitte, LA1,27685-15%
Timberlane, LA10,89194-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Marinette, WI10,89085-15%
Town and Country, MO10,89016060%
Webster, TX10,89889-11%
Riverton, WY10,90291-9%
Chino Valley, AZ10,87992-8%
Timberlane, LA10,89194-6%
Source: The Timberlane, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.