Cost of living in Bossier City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Bossier City is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Louisiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Bossier City is 91, with 100 being the average.
The cost of living index in Bossier City is 0.9x lower than the national average.
Bossier City ranks as the #55 cheapest in Louisiana out of 109.
Bossier City ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Bossier City is $165,600.
The median income in Bossier City is $50,027.
According to the most recent data on the cost of living, Bossier City has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Bossier City has a cost of living index that's 1.0x lower than Louisiana's index of 92.
The standard of living in Bossier City ranks as #55 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Bossier City ranks as the #54 most expensive place in the Pelican State.
For more reading on life in Bossier City, check out:
Six factors go into calculating the cost of living index in Bossier City. Here is how it fairs on each of the criteria:
The Services index in Bossier City is 100.
The Groceries index in Bossier City is 101.
The Health index in Bossier City is 99.
The Housing index in Bossier City is 85.
The Transportation index in Bossier City is 93.
The Utilities index in Bossier City is 89.
|Living Expense||Bossier City||Louisiana||National Average|
Housing swings affordability the most between places in Louisiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Bossier City is $165,600.
The Median Rent in Bossier City is $983.
The Median Income in Bossier City is $50,027.
The Home Value To Income in Bossier City is 3.3x.
The Rent To Monthly Income in Bossier City is 0.24x.
|Statistic||Bossier City||Louisiana||United States|
|Median Home Value||$165,600||$174,000||$244,900|
|Home Value To Income||3.3x||3.2x||3.5x|
|Rent To Monthly Income||0.24x||0.21x||0.2x|