Gray, LA Cost Of Living
Cost Of Living In Gray, LA Summary
Cost of living in Gray 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 Gray 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 Gray is 87, with 100 being the average.
The cost of living index in Gray is 0.9x lower than the national average.
Gray ranks as the #31 cheapest in Louisiana out of 109.
Gray ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Gray is $138,000.
The median income in Gray is $48,740.
Table Of Contents
Gray's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Gray, LA?
According to the most recent data on the cost of living, Gray has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Gray has a cost of living index that's 0.9x lower than Louisiana's index of 92.
The standard of living in Gray ranks as #31 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Gray ranks as the #78 most expensive place in the Pelican State.
For more reading on life in Gray, check out:
- Living In Gray
- Search Homes For Sale In Gray, LA
In Louisiana
In America
Gray Cost Of Living Vs. Louisiana
Six factors go into calculating the cost of living index in Gray. Here is how it fairs on each of the criteria:
The Services index in Gray is 97.
The Groceries index in Gray is 99.
The Health index in Gray is 98.
The Housing index in Gray is 66.
The Transportation index in Gray is 97.
The Utilities index in Gray is 93.
| Living Expense | Gray | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 87 | 92 | 100 | |
| Services | 97 | 96 | 100 | |
| Groceries | 99 | 96 | 100 | |
| Health | 98 | 99 | 100 | |
| Housing | 66 | 83 | 100 | |
| Transportation | 97 | 96 | 100 | |
| Utilities | 93 | 86 | 100 | |
Gray, LA Housing Cost Breakdown
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 Gray is $138,000.
The Median Rent in Gray is $936.
The Median Income in Gray is $48,740.
The Home Value To Income in Gray is 2.8x.
The Rent To Monthly Income in Gray is 0.23x.
| Statistic | Gray | Louisiana | United States |
|---|---|---|---|
| Median Home Value | $138,000 | $174,000 | $244,900 |
| Median Rent | $936 | $923 | $1,163 |
| Median Income | $48,740 | $53,571 | $69,021 |
| Home Value To Income | 2.8x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Gray, LA Costs By Category
Detailed Gray Services Costs Vs. Louisiana
Detailed Gray Groceries Costs Vs. Louisiana
Detailed Gray Health Costs Vs. Louisiana
Detailed Gray Transportation Costs Vs. Louisiana
Detailed Gray Utilities Costs Vs. Louisiana
Gray SnackAbility
/10
Cost Of Living In Cities Around Gray
The cost of living varies in the cities and towns around Gray. Here's a quick look at the cost of living in the most populous nearby places:
Houma, LA has a cost of living index of 93, 1.1x Gray.
Bayou Cane, LA has a cost of living index of 93, 1.1x Gray.
Thibodaux, LA has a cost of living index of 91, 1.0x Gray.
| City | Population | Cost Of Living | Vs. Gray |
|---|---|---|---|
| Houma, LA | 33,461 | 93 | 1.1x |
| Bayou Cane, LA | 21,699 | 93 | 1.1x |
| Thibodaux, LA | 15,242 | 91 | 1.0x |
| Bayou Blue, LA | 11,229 | 92 | 1.1x |
| Raceland, LA | 11,002 | 90 | 1.0x |
| Schriever, LA | 5,639 | 88 | 1.0x |
| Chackbay, LA | 5,404 | 91 | 1.0x |
