Winnsboro 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.
Cost of living index8392100
Goods & Services index10899100
Groceries index9396100
Health care index9297100
Housing index4582100
Transportation index8895100
Utilities index9091100
Displayed above is a general overview of the Winnsboro, LA cost of living index. The overall cost of living index in Winnsboro, LA is 83, which is 10% lower than the Louisiana average and 17% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Winnsboro, LA are 9% higher than the Louisiana average and 8% higher than the national average.

Did you know?

  • The cost of living in Winnsboro is 10% lower than the Louisiana average.
  • The cost of living in Winnsboro is 17% lower than the national average.
  • The cost of housing in Winnsboro is 55% 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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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
The salary calculator allows you to compare how much your current salary in Winnsboro, 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 Winnsboro, LA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Winnsboro, 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)
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 Winnsboro, 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. Winnsboro, LA has a median income of about $27,961 for people who own homes. Based on that number, a person should spend a maximum of $652 on expenses related to housing. Renters have a slightly different median income, which is $14,671. Based on this average, renters should spend no more than $342 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

Louisiana Income Tax

StateIncome Tax (Low)Income Tax (High)
When assessing the complete cost of living in Winnsboro, 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

ItemWinnsboroNational avg.Difference
Haircut $14.70$15.565.5%
Beauty Salon $28.88$36.1120.0%
Toothpaste $2.26$2.478.6%
Shampoo $0.93$0.964.0%
Movie $8.50$10.1316.0%
Bowling $13.00$4.74174.5%


ItemWinnsboroNational avg.Difference
Ground Beef $3.33$3.9816.4%
Fried Chicken $1.14$1.4118.7%
Milk $2.06$2.060.2%
Potatoes $2.88$2.983.3%
Pizza $8.71$9.478.0%
Beer $7.90$8.7910.1%

Health Care

ItemWinnsboroNational avg.Difference
Optometrist $82.92$101.0417.9%
Doctor $81.17$107.4424.5%
Dentist $84.67$90.426.4%
Ibuprofen $9.51$9.282.5%
Lipitor $445.52$426.504.5%


ItemWinnsboroNational avg.Difference
Home Price $72,100.00$175,700.0059.0%
Avg. Mortgage Payment $1,080.59$1,133.234.6%
Apartment Rent $488.00$920.0047.0%


ItemWinnsboroNational avg.Difference
Gasoline $1.74$1.9912.6%
Tire Balancing $41.06$45.7610.3%


ItemWinnsboroNational avg.Difference
All Electricity$127.39$163.8122.2%
Phone $30.22$28.396.4%
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.
Wisner, LA96679-21%
Mangham, LA81980-20%
Baskin, LA29182-18%
Gilbert, LA34783-17%
Winnsboro, LA4,85683-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Berwick, LA4,85787-13%
Willits, CA4,85311212%
Fort Rucker, AL4,8601044%
Loudoun Valley Estates, VA4,86016565%
Flanders, NY4,85113737%
Winnsboro, LA4,85683-17%
Source: The Winnsboro, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.