Cost of Living in Elmwood, LA

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A-
3%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
20%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Elmwood Louisiana National
Cost of living10393100
Groceries9698100
Health care9596100
Housing12082100
Transportation9697100
Utilities100101100
Lifestyle & Entertainment9696100
Household Items9798100
Education & Childcare9295100
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Homes For Sale In Elmwood, LA

property for sale

308 1/2 Saint George Ave

New Orleans, LA
property for sale

604 Ferriday Ct

New Orleans, LA
property for sale

2800 Steamship Cir Unit 3D

Elmwood, LA
property for sale

2836 Steamship Cir Unit A

New Orleans, LA

Cost Of Living Quick Facts

  • The cost of living in Elmwood is 11% higher than the Louisiana average
  • The cost of living in Elmwood is 3% 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

Most Affordable Places to Live in and Around Elmwood

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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
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare 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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Pleasure Bend, LA3108515.5%
      Bridge City, LA6,5758811.9%
      Avondale, LA4,990919.5%
      New Sarpy, LA1,3098911.2%
      Westwego, LA8,662919.1%
      Elmwood, LA6,2461033.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Laie, HI6,246208108.3%
      University at Buffalo, NY6,24611414.0%
      Silver Lakes, CA6,24812120.6%
      Greenwood, MO6,2431011.3%
      Manchester, WA6,24912828.1%
      Elmwood, LA6,2461033.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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