Palmetto cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexPalmettoLouisianaNational
Cost of living index7892100
IndexPalmettoLouisianaNational
Goods & Services index9397100
Groceries index9898100
Health care index8797100
Housing index3581100
Transportation index9697100
Utilities index10994100

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Did you know?

  • The cost of living in Palmetto is 15% lower than the Louisiana average.
  • The cost of living in Palmetto is 22% lower than the national average.
  • The cost of housing in Palmetto is 65% lower than the national average.
  • Louisiana general sales tax is 2% lower than the national average.
  • Louisiana state income tax is 10% lower than the national average.

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Compare Palmetto, LA Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$27,500$2,292$642$825
Renters$27,188$2,266$634$816

Louisiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Louisiana5%12%

Louisiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Louisiana2%6%

Goods & Services

ItemPalmettoNational avg.Difference
Haircut $17.58$16.099.3%
Beauty Salon $37.07$37.330.7%
Toothpaste $2.23$2.459.0%
Shampoo $1.01$1.000.6%
Movie $9.66$10.286.0%
Bowling $5.38$4.939.1%

Groceries

ItemPalmettoNational avg.Difference
Ground Beef $3.99$3.804.9%
Fried Chicken $1.33$1.405.0%
Milk $2.23$2.0111.2%
Potatoes $3.54$3.0117.7%
Pizza $8.99$9.899.1%
Beer $8.50$8.904.5%

Health Care

ItemPalmettoNational avg.Difference
Optometrist $71.13$102.1630.4%
Doctor $80.67$108.3625.6%
Dentist $82.27$92.5311.1%
Ibuprofen $9.20$9.280.9%
Lipitor $435.24$425.822.2%

Housing

ItemPalmettoNational avg.Difference
Home Price $58,600.00$184,700.0068.3%
Avg. Mortgage Payment $885.50$1,202.4426.4%
Apartment Rent $411.00$949.0056.7%

Transportation

ItemPalmettoNational avg.Difference
Gasoline $1.94$2.2413.7%
Tire Balancing $53.49$46.2915.6%

Utilities

ItemPalmettoNational avg.Difference
All Electricity$136.36$165.9617.8%
Phone $40.87$28.6842.5%
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, StatePopulationCost of Living IndexNational Avg.
Melville, LA1,35779-21%
Krotz Springs, LA99079-21%
Port Barre, LA2,03083-17%
Washington, LA79283-17%
Opelousas, LA16,60584-16%
Palmetto, LA13578-22%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Esbon, KS13576-24%
Chelan Falls, WA1351011%
Neosho Falls, KS13572-28%
Floyd, NM13579-21%
Chain-O-Lakes, MO13598-2%
Palmetto, LA13578-22%
Source: The Palmetto, LA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.