Minden, LA Cost Of Living
Cost Of Living In Minden, LA Summary
Cost of living in Minden 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 Minden 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 Minden is 89, with 100 being the average.
The cost of living index in Minden is 0.9x lower than the national average.
Minden ranks as the #27 cheapest in Louisiana out of 106.
Minden ranks as the #1,060 cheapest out of 6,489 in the US.
The median home value in Minden is $144,403.
The median income in Minden is $29,597.
Table Of Contents
Minden's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Minden, LA?
According to the most recent data on the cost of living, Minden has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Minden has a cost of living index that's 1.0x lower than Louisiana's index of 90.
The standard of living in Minden ranks as #27 most affordable out of the 106 places we measured in Louisiana. By definition, that implies Minden ranks as the #79 most expensive place in the Pelican State.
For more reading on life in Minden, check out:
In Louisiana
In America
Minden Cost Of Living Vs. Louisiana
Six factors go into calculating the cost of living index in Minden. Here is how it fairs on each of the criteria:
The Services index in Minden is 99.
The Groceries index in Minden is 98.
The Health index in Minden is 105.
The Housing index in Minden is 68.
The Transportation index in Minden is 96.
The Utilities index in Minden is 86.
| Living Expense | Minden | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 89 | 90 | 100 | |
| Services | 99 | 94 | 100 | |
| Groceries | 98 | 93 | 100 | |
| Health | 105 | 100 | 100 | |
| Housing | 68 | 80 | 100 | |
| Transportation | 96 | 94 | 100 | |
| Utilities | 86 | 83 | 100 | |
Minden, 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 2019-2023. The key points are:
The Median Home Value in Minden is $144,403.
The Median Rent in Minden is $803.
The Median Income in Minden is $29,597.
The Home Value To Income in Minden is 4.9x.
The Rent To Monthly Income in Minden is 0.33x.
Median Home Value
Median Rent
Median Income
Minden, LA Costs By Category
Detailed Minden Services Costs Vs. Louisiana
Detailed Minden Groceries Costs Vs. Louisiana
Detailed Minden Health Costs Vs. Louisiana
Detailed Minden Transportation Costs Vs. Louisiana
Detailed Minden Utilities Costs Vs. Louisiana
Minden SnackAbility
/10
Cost Of Living In Cities Around Minden
The cost of living varies in the cities and towns around Minden. Here's a quick look at the cost of living in the most populous nearby places:
Shreveport, LA has a cost of living index of 92, 1.0x Minden.
Ruston, LA has a cost of living index of 90, 1.0x Minden.
Jamestown, ND has a cost of living index of 90, 1.0x Minden.
| City | Population | Cost Of Living | Vs. Minden |
|---|---|---|---|
| Shreveport, LA | 183,483 | 92 | 1.0x |
| Ruston, LA | 22,224 | 90 | 1.0x |
| Jamestown, ND | 15,774 | 90 | 1.0x |
| Magnolia, AR | 10,973 | 86 | 1.0x |
| Red Chute, LA | 7,418 | 96 | 1.1x |
