| Index | Jennings | Louisiana | National |
| Cost of living | 85 | 93 | 100 |
| Groceries | 100 | 98 | 100 |
| Health care | 97 | 96 | 100 |
| Housing | 56 | 82 | 100 |
| Transportation | 93 | 97 | 100 |
| Utilities | 104 | 101 | 100 |
| Lifestyle & Entertainment | 97 | 96 | 100 |
| Household Items | 97 | 98 | 100 |
| Education & Childcare | 97 | 95 | 100 |
The cost of living in Jennings affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Jennings is 85, which is 15% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
Jennings housing costs are 44.4% less than the national average, making this area an affordable place to live. Your net income can be heavily impacted by housing expenses, at times exceeding 30%. Fortunately, this area demonstrates that both homeownership and renting costs are significantly more budget-friendly than in the rest of the country. With such favorable housing affordability, Jennings residents can earmark a more manageable portion of their income to housing.
Is Jennings affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Jennings, for instance, where the median home price falls 48.3% lower than the national average, and monthly rent rates are 35.3% lower than usual. Additionally, median income levels contribute to the equation, with Jennings flaunting a median household income of $42,153, 48.2% lower than the national norm.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Jennings, healthcare costs are 2.9% lower than the national average.
Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.
Urbanization: Larger, urban centers, known for their wealth of amenities and strong employment prospects, often exhibit an elevated cost of living, primarily attributable to the heightened demand for services and residential relocation. Consequently, this scenario leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural areas or regions characterized by diminished demand typically provide a more limited array of amenities and experience slower job market growth, resulting in a more affordable cost of living.
The Jennings cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $61,250 | $5,104 | $1,429 | $1,838 |
| Renters | $30,477 | $2,540 | $711 | $914 |
| State | General Sales Tax | With Max Surtax |
| Louisiana | 4.45% | 11.45% |
| State | Income Tax (Low) | Income Tax (High) |
| Louisiana | 1.85% | 4.25% |
| City | Population | Cost of Living Index | National Avg. |
| Roanoke, LA | 566 | 98 | 2.3% |
| Mermentau, LA | 637 | 78 | 21.7% |
| Morse, LA | 1,271 | 80 | 19.6% |
| Lake Arthur, LA | 2,801 | 83 | 17.5% |
| Estherwood, LA | 698 | 83 | 16.6% |
| Jennings, LA | 10,220 | 85 | 14.9% |
| City | Population | Cost of Living Index | National Avg. |
| Friendly, MD | 10,219 | 136 | 35.9% |
| Madera Acres, CA | 10,217 | 125 | 25.1% |
| Pleasant Hill, IA | 10,217 | 101 | 1.4% |
| Clinton, TN | 10,217 | 93 | 6.6% |
| Hampton, NH | 10,213 | 132 | 32.4% |
| Jennings, LA | 10,220 | 85 | 14.9% |
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