Cost Of Living in Elmwood, LA

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B+

4%

Overall NAT. AVG.

3%

Goods & Services NAT. AVG.

20%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; 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	Elmwood	Louisiana	National
Cost of living	104	92	100
Goods & Services	103	100	100
Groceries	99	96	100
Health care	100	93	100
Housing	120	82	100
Transportation	96	97	100
Utilities	73	83	100

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Homes For Sale In Elmwood, LA

112 Jefferson Heights Ave

New Orleans, LA

601 Ferriday Ct

New Orleans, LA

309 Saint George Ave

New Orleans, LA

2856 Steamship Cir Unit A

New Orleans, LA

Cost Of Living Quick Facts

The cost of living in Elmwood is 13% higher than the Louisiana average
The cost of living in Elmwood is 4% higher than the national average
Elmwood housing is 20% 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	$133,289	$11,107	$3,110	$3,999
Renters	$100,638	$8,387	$2,348	$3,019

A good way to judge both the affordability of the housing and the cost of living in Elmwood is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Elmwood has a median income of about $133,289 for people who own homes. Based on that number, a maximum of $3,110 should be spent on expenses related to housing. Renters have a slightly different median income, which is $100,638. Based on this average, renters should spend no more than $2,348 on all rental costs if they want to maintain a non-impoverished standard of living.

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	Elmwood	National avg.	Difference
Haircut	$25.44	$27.62	7.9%
Beauty Salon	$48.89	$51.11	4.3%
Toothpaste	$4.02	$4.09	1.8%
Shampoo	$1.68	$1.54	8.9%
Movie	$14.59	$12.88	13.3%
Yoga	$24.47	$19.66	24.5%

Groceries

Item	Elmwood	National avg.	Difference
Ground Beef	$8.14	$7.70	5.6%
Fried Chicken	$1.41	$1.66	15.2%
Milk	$4.76	$4.73	0.6%
Potatoes	$5.39	$5.26	2.5%
Pizza	$11.12	$12.76	12.9%
Beer	$9.81	$10.55	7.0%

Health Care

Item	Elmwood	National avg.	Difference
Optometrist	$131.67	$140.06	6.0%
Doctor	$158.33	$153.82	2.9%
Dentist	$121.67	$123.15	1.2%
Ibuprofen	$11.77	$11.73	0.3%
Lipitor	$22.79	$23.61	3.5%

Housing

Item	Elmwood	National avg.	Difference
Home Price	$376,209.00	$326,622.00	15.2%
Avg. Mortgage Payment	$3,988.93	$2,480.25	60.8%
Apartment Rent	$1,910.00	$1,444.00	32.3%

Transportation

Item	Elmwood	National avg.	Difference
Gasoline	$2.86	$3.06	6.3%
Tire Balancing	$66.39	$65.21	1.8%

Utilities

Item	Elmwood	National avg.	Difference
All Electricity	$121.11	$220.12	45.0%
Phone	$201.46	$195.71	2.9%

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	Population	Cost of Living Index	National Avg.
Pleasure Bend, LA	310	84	16.1%
Bridge City, LA	6,575	89	11.2%
Avondale, LA	4,990	90	10.2%
New Sarpy, LA	1,309	90	10.0%
Westwego, LA	8,662	90	9.8%
Elmwood, LA	6,246	104	4.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Laie, HI	6,246	218	117.8%
University at Buffalo, NY	6,246	103	3.4%
Silver Lakes, CA	6,248	124	23.9%
Greenwood, MO	6,243	104	4.2%
Manchester, WA	6,249	136	35.6%
Elmwood, LA	6,246	104	4.0%

Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.

Cost of Living in Elmwood, LA

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Louisiana Sales Tax

Louisiana Income Tax

Goods & Services

Groceries

Health Care

Housing

Transportation

Utilities

Nearby cities with low cost of living

Cities with similar population