Houma, LA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Houma, LA Summary

Cost of living in Houma 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 Houma 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 Houma is 93, with 100 being the average.

  • The cost of living index in Houma is 0.9x lower than the national average.

  • Houma ranks as the #68 cheapest in Louisiana out of 109.

  • Houma ranks as the #2,137 cheapest out of 6,412 in the US.

  • The median home value in Houma is $169,600.

  • The median income in Houma is $48,688.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
93
Houma's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Houma, LA?

According to the most recent data on the cost of living, Houma has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.

Compared to Louisiana, Houma has a cost of living index that's 1.0x higher than Louisiana's index of 92.

The standard of living in Houma ranks as #68 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Houma ranks as the #41 most expensive place in the Pelican State.

For more reading on life in Houma, check out:

68 out of 109
In Louisiana
2,137 out of 6,412
In America

Houma Cost Of Living Vs. Louisiana

Six factors go into calculating the cost of living index in Houma. Here is how it fairs on each of the criteria:

  • The Services index in Houma is 100.

  • The Groceries index in Houma is 98.

  • The Health index in Houma is 96.

  • The Housing index in Houma is 83.

  • The Transportation index in Houma is 100.

  • The Utilities index in Houma is 92.

Living Expense Houma Louisiana National Average
Overall 93 92 100
Services 100 96 100
Groceries 98 96 100
Health 96 99 100
Housing 83 83 100
Transportation 100 96 100
Utilities 92 86 100
For more reading on cost of living around Louisiana, check out:
Houma Cost of Living Vs. LA

Houma, 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 Houma is $169,600.

  • The Median Rent in Houma is $838.

  • The Median Income in Houma is $48,688.

  • The Home Value To Income in Houma is 3.5x.

  • The Rent To Monthly Income in Houma is 0.21x.

Statistic Houma Louisiana United States
Median Home Value $169,600 $174,000 $244,900
Median Rent $838 $923 $1,163
Median Income $48,688 $53,571 $69,021
Home Value To Income 3.5x 3.2x 3.5x
Rent To Monthly Income 0.21x 0.21x 0.2x
Search Homes For Sale In Houma, LA
$169,600
Median Home Value
$838
Median Rent
$48,688
Median Income

Houma, LA Costs By Category

Detailed Houma Services Costs Vs. Louisiana

Item Houma Louisiana
Shampoo $0.93 $1.06
Movie $10.99 $10.68
Bowling $13.17 $14.67
Haircut $20.87 $18.62
Beauty Salon $31.56 $39.05

Detailed Houma Groceries Costs Vs. Louisiana

Item Houma Louisiana
Ground Beef $4.69 $4.22
Fried Chicken $0.99 $1.39
Milk $2.13 $2.05
Potatoes $3.94 $3.29
Pizza $8.49 $10.62
Beer $8.65 $9.38
Toothpaste $2.61 $2.34

Detailed Houma Health Costs Vs. Louisiana

Item Houma Louisiana
Optometrist $90.5 $108.57
Doctor $75.0 $116.17
Dentist $114.59 $99.13

Detailed Houma Transportation Costs Vs. Louisiana

Item Houma Louisiana
Gasoline $2.0 $2.22
Tire Balancing $56.83 $50.07

Detailed Houma Utilities Costs Vs. Louisiana

Item Houma Louisiana
All Electricity $148.8 $167.67
Phone $180.18 $175.64

Houma SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
6
Diversity
8.5
Safety
N/A
Amenities
9
Education
5
Commute
8

Cost Of Living In Cities Around Houma

The cost of living varies in the cities and towns around Houma. Here's a quick look at the cost of living in the most populous nearby places:

  • Bayou Cane, LA has a cost of living index of 93, 1.0x Houma.

  • Thibodaux, LA has a cost of living index of 91, 1.0x Houma.

  • Bayou Blue, LA has a cost of living index of 92, 1.0x Houma.

City Population Cost Of Living Vs. Houma
Bayou Cane, LA 21,699 93 1.0x
Thibodaux, LA 15,242 91 1.0x
Bayou Blue, LA 11,229 92 1.0x
Raceland, LA 11,002 90 1.0x
Larose, LA 6,652 88 0.9x
Gray, LA 6,208 87 0.9x
Schriever, LA 5,639 88 0.9x

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