Cost Of Living in Patterson, LA

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16%

Overall NAT. AVG.

9%

Goods & Services NAT. AVG.

36%

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	Patterson	Louisiana	National
Cost of living	84	91	100
Goods & Services	91	96	100
Groceries	91	95	100
Health care	103	99	100
Housing	64	81	100
Transportation	97	96	100
Utilities	90	84	100

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Cost Of Living Quick Facts

The cost of living in Patterson is 8% lower than the Louisiana average
The cost of living in Patterson is 16% lower than the national average
Patterson housing is 36% lower 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	$59,938	$4,995	$1,398	$1,798
Renters	$28,547	$2,379	$666	$856

A good way to judge both the affordability of the housing and the cost of living in Patterson 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. Patterson has a median income of about $59,938 for people who own homes. Based on that number, a maximum of $1,398 should be spent on expenses related to housing. Renters have a slightly different median income, which is $28,547. Based on this average, renters should spend no more than $666 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	Patterson	National avg.	Difference
Haircut	$27.33	$24.26	12.7%
Beauty Salon	$44.46	$45.56	2.4%
Toothpaste	$3.53	$3.70	4.7%
Shampoo	$1.22	$1.28	4.5%
Movie	$9.94	$12.13	18.1%
Bowling	$20.07	$18.00	11.5%

Groceries

Item	Patterson	National avg.	Difference
Ground Beef	$5.12	$5.84	12.4%
Fried Chicken	$1.44	$1.57	8.2%
Milk	$4.59	$4.67	1.8%
Potatoes	$5.09	$4.93	3.1%
Pizza	$10.74	$12.09	11.2%
Beer	$9.94	$10.41	4.6%

Health Care

Item	Patterson	National avg.	Difference
Optometrist	$105.23	$125.68	16.3%
Doctor	$98.53	$135.78	27.4%
Dentist	$91.40	$113.29	19.3%
Ibuprofen	$10.27	$10.65	3.6%
Lipitor	$500.22	$468.60	6.7%

Housing

Item	Patterson	National avg.	Difference
Home Price	$105,800.00	$184,700.00	42.7%
Avg. Mortgage Payment	$1,451.87	$2,346.69	38.1%
Apartment Rent	$748.00	$949.00	21.2%

Transportation

Item	Patterson	National avg.	Difference
Gasoline	$3.17	$3.46	8.5%
Tire Balancing	$60.37	$59.92	0.8%

Utilities

Item	Patterson	National avg.	Difference
All Electricity	$163.08	$193.99	15.9%
Phone	$187.44	$192.25	2.5%

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	Population	Cost of Living Index	National Avg.
Siracusaville, LA	387	74	26.2%
Franklin, LA	6,844	81	19.3%
Charenton, LA	1,560	83	16.9%
Bayou L'Ourse, LA	2,231	83	16.5%
Berwick, LA	4,478	85	15.4%
Patterson, LA	5,844	84	16.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
South Highpoint, FL	5,844	88	12.5%
St. Martinville, LA	5,844	86	14.2%
Branford Center, CT	5,845	118	18.0%
White Rock, NM	5,845	121	21.0%
Roseland, NJ	5,841	153	53.4%
Patterson, LA	5,844	84	16.3%