Cost Of Living in Lacombe, LA

A

0%

Overall NAT. AVG.

3%

Goods & Services NAT. AVG.

6%

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	Lacombe	Louisiana	National
Cost of living	100	91	100
Goods & Services	103	96	100
Groceries	96	95	100
Health care	114	99	100
Housing	106	81	100
Transportation	92	96	100
Utilities	78	84	100

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Cost Of Living Quick Facts

The cost of living in Lacombe is 10% higher than the Louisiana average
The cost of living in Lacombe is equal to the national average
Lacombe housing is 6% higher than the national average
Louisiana general sales tax is 13% lower than the national average
Louisiana state income tax is 18% 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	$63,652	$5,304	$1,485	$1,910
Renters	$58,496	$4,875	$1,365	$1,755

A good indicator of the general affordability of housing in Lacombe, 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 Lacombe, the median monthly income is $63,652 for those who own their own homes. Under the standard rule, that income level would allow for $1,485 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $58,496, per the median income in the area. That would allow for renters to spend up to $1,365 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	Lacombe	National avg.	Difference
Haircut	$21.67	$24.26	10.7%
Beauty Salon	$43.17	$45.56	5.3%
Toothpaste	$3.57	$3.70	3.6%
Shampoo	$1.22	$1.28	4.5%
Movie	$13.30	$12.13	9.6%
Bowling	$12.33	$18.00	31.5%

Groceries

Item	Lacombe	National avg.	Difference
Ground Beef	$6.15	$5.84	5.3%
Fried Chicken	$1.39	$1.57	11.6%
Milk	$4.55	$4.67	2.5%
Potatoes	$5.31	$4.93	7.5%
Pizza	$12.61	$12.09	4.3%
Beer	$10.23	$10.41	1.7%

Health Care

Item	Lacombe	National avg.	Difference
Optometrist	$128.17	$125.68	2.0%
Doctor	$127.78	$135.78	5.9%
Dentist	$129.44	$113.29	14.3%
Ibuprofen	$10.46	$10.65	1.8%
Lipitor	$482.03	$468.60	2.9%

Housing

Item	Lacombe	National avg.	Difference
Home Price	$195,800.00	$184,700.00	6.0%
Avg. Mortgage Payment	$1,882.94	$2,346.69	19.8%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Lacombe	National avg.	Difference
Gasoline	$3.14	$3.46	9.2%
Tire Balancing	$68.00	$59.92	13.5%

Utilities

Item	Lacombe	National avg.	Difference
All Electricity	$149.86	$193.99	22.8%
Phone	$186.90	$192.25	2.8%

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.
Nicholson, MS	2,477	83	17.1%
Pearl River, LA	2,618	96	3.9%
Abita Springs, LA	2,571	95	4.8%
Slidell, LA	27,782	99	1.5%
Covington, LA	10,471	103	3.5%
Lacombe, LA	7,294	100	0.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
West Concord, MA	7,294	181	80.8%
Olivarez, TX	7,293	75	24.6%
Garden Home-Whitford, OR	7,295	144	43.7%
Northport, NY	7,297	169	68.8%
North Amherst, MA	7,290	129	29.0%
Lacombe, LA	7,294	100	0.4%