Cost Of Living in Addis, LA

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B+

2%

Overall NAT. AVG.

5%

Goods & Services NAT. AVG.

14%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Addis	Louisiana	National
Cost of living	102	91	100
Goods & Services	105	96	100
Groceries	97	95	100
Health care	100	99	100
Housing	114	81	100
Transportation	96	96	100
Utilities	73	84	100

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Cost Of Living Quick Facts

The cost of living in Addis is 13% higher than the Louisiana average
The cost of living in Addis is 2% higher than the national average
Addis housing is 14% higher than the national average
Louisiana general sales tax is 13% lower than the national average
Louisiana state income tax is 29% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$80,417	$6,701	$1,876	$2,413
Renters	$57,051	$4,754	$1,331	$1,712

A good indicator of the general affordability of housing in Addis, LA, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Addis, the median monthly income is $80,417 for those who own their own homes. Under the standard rule, that income level would allow for $1,876 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $57,051, per the median income in the area. That would allow for renters to spend up to $1,331 on monthly rental expenses.

Louisiana Sales Tax

State	General Sales Tax	With Max Surtax
Louisiana	4.45%	11.45%

Louisiana Income Tax

State	Income Tax (Low)	Income Tax (High)
Louisiana	1.85%	4.25%

Goods & Services

Item	Addis	National avg.	Difference
Haircut	$25.61	$24.26	5.6%
Beauty Salon	$43.33	$45.56	4.9%
Toothpaste	$3.63	$3.70	2.0%
Shampoo	$1.17	$1.28	8.9%
Movie	$11.59	$12.13	4.5%
Bowling	$20.00	$18.00	11.1%

Groceries

Item	Addis	National avg.	Difference
Ground Beef	$5.45	$5.84	6.7%
Fried Chicken	$1.67	$1.57	6.2%
Milk	$4.56	$4.67	2.4%
Potatoes	$5.20	$4.93	5.4%
Pizza	$10.99	$12.09	9.1%
Beer	$10.03	$10.41	3.7%

Health Care

Item	Addis	National avg.	Difference
Optometrist	$114.13	$125.68	9.2%
Doctor	$130.33	$135.78	4.0%
Dentist	$114.58	$113.29	1.1%
Ibuprofen	$10.22	$10.65	4.1%
Lipitor	$527.50	$468.60	12.6%

Housing

Item	Addis	National avg.	Difference
Home Price	$210,300.00	$184,700.00	13.9%
Avg. Mortgage Payment	$1,958.49	$2,346.69	16.5%
Apartment Rent	$1,083.00	$949.00	14.1%

Transportation

Item	Addis	National avg.	Difference
Gasoline	$3.20	$3.46	7.5%
Tire Balancing	$61.61	$59.92	2.8%

Utilities

Item	Addis	National avg.	Difference
All Electricity	$111.88	$193.99	42.3%
Phone	$185.70	$192.25	3.4%

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	Population	Cost of Living Index	National Avg.
Crescent, LA	875	97	3.0%
Bayou Goula, LA	370	97	3.0%
Rosedale, LA	1,225	97	3.0%
White Castle, LA	2,260	83	17.3%
Grosse Tete, LA	514	86	14.1%
Addis, LA	5,635	102	2.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Warrenton, OR	5,635	116	16.1%
Kayenta, AZ	5,634	87	13.0%
Paola, KS	5,634	91	9.0%
Sioux Lookout, ON	5,634	n/a
Campbelltown, PA	5,632	113	13.0%
Addis, LA	5,635	102	2.1%