Cost of living in Broussard 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 Broussard 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 Broussard is 100, with 100 being the average.
The cost of living index in Broussard is 1.0x lower than the national average.
Broussard ranks as the #80 cheapest in Louisiana out of 106.
Broussard ranks as the #2,621 cheapest out of 6,489 in the US.
The median home value in Broussard is $275,857.
The median income in Broussard is $116,613.
According to the most recent data on the cost of living, Broussard has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Louisiana, Broussard has a cost of living index that's 1.1x higher than Louisiana's index of 90.
The standard of living in Broussard ranks as #80 most affordable out of the 106 places we measured in Louisiana. By definition, that implies Broussard ranks as the #26 most expensive place in the Pelican State.
For more reading on life in Broussard, check out:
Six factors go into calculating the cost of living index in Broussard. Here is how it fairs on each of the criteria:
The Services index in Broussard is 100.
The Groceries index in Broussard is 95.
The Health index in Broussard is 83.
The Housing index in Broussard is 115.
The Transportation index in Broussard is 94.
The Utilities index in Broussard is 87.
| Living Expense | Broussard | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 100 | 90 | 100 | |
| Services | 100 | 94 | 100 | |
| Groceries | 95 | 93 | 100 | |
| Health | 83 | 100 | 100 | |
| Housing | 115 | 80 | 100 | |
| Transportation | 94 | 94 | 100 | |
| Utilities | 87 | 83 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Broussard is $275,857.
The Median Rent in Broussard is $982.
The Median Income in Broussard is $116,613.
The Home Value To Income in Broussard is 2.4x.
The Rent To Monthly Income in Broussard is 0.1x.
The cost of living varies in the cities and towns around Broussard. Here's a quick look at the cost of living in the most populous nearby places:
Lafayette, LA has a cost of living index of 96, 1.0x Broussard.
New Iberia, LA has a cost of living index of 87, 0.9x Broussard.
Youngsville, LA has a cost of living index of 106, 1.1x Broussard.
| City | Population | Cost Of Living | Vs. Broussard |
|---|---|---|---|
| Lafayette, LA | 121,537 | 96 | 1.0x |
| New Iberia, LA | 27,926 | 87 | 0.9x |
| Youngsville, LA | 16,664 | 106 | 1.1x |
| Abbeville, LA | 11,086 | 85 | 0.8x |
| Carencro, LA | 10,882 | 96 | 1.0x |
| Scott, LA | 8,348 | 91 | 0.9x |
| Breaux Bridge, LA | 7,497 | 90 | 0.9x |
| Rayne, LA | 7,147 | 86 | 0.9x |
| St. Martinville, LA | 5,367 | 86 | 0.9x |