Rayne, LA Cost Of Living
Cost Of Living In Rayne, LA Summary
Cost of living in Rayne 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 Rayne 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 Rayne is 83, with 100 being the average.
The cost of living index in Rayne is 0.8x lower than the national average.
Rayne ranks as the #14 cheapest in Louisiana out of 109.
Rayne ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Rayne is $134,600.
The median income in Rayne is $36,813.
Table Of Contents
Rayne's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Rayne, LA?
According to the most recent data on the cost of living, Rayne has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Louisiana, Rayne has a cost of living index that's 0.9x lower than Louisiana's index of 92.
The standard of living in Rayne ranks as #14 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Rayne ranks as the #95 most expensive place in the Pelican State.
For more reading on life in Rayne, check out:
- Living In Rayne
- Rayne Crime Report
- Search Homes For Sale In Rayne, LA
In Louisiana
In America
Rayne Cost Of Living Vs. Louisiana
Six factors go into calculating the cost of living index in Rayne. Here is how it fairs on each of the criteria:
The Services index in Rayne is 96.
The Groceries index in Rayne is 99.
The Health index in Rayne is 95.
The Housing index in Rayne is 49.
The Transportation index in Rayne is 98.
The Utilities index in Rayne is 91.
| Living Expense | Rayne | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 83 | 92 | 100 | |
| Services | 96 | 96 | 100 | |
| Groceries | 99 | 96 | 100 | |
| Health | 95 | 99 | 100 | |
| Housing | 49 | 83 | 100 | |
| Transportation | 98 | 96 | 100 | |
| Utilities | 91 | 86 | 100 | |
Rayne, 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 Rayne is $134,600.
The Median Rent in Rayne is $721.
The Median Income in Rayne is $36,813.
The Home Value To Income in Rayne is 3.7x.
The Rent To Monthly Income in Rayne is 0.24x.
| Statistic | Rayne | Louisiana | United States |
|---|---|---|---|
| Median Home Value | $134,600 | $174,000 | $244,900 |
| Median Rent | $721 | $923 | $1,163 |
| Median Income | $36,813 | $53,571 | $69,021 |
| Home Value To Income | 3.7x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Rayne, LA Costs By Category
Detailed Rayne Services Costs Vs. Louisiana
Detailed Rayne Groceries Costs Vs. Louisiana
Detailed Rayne Health Costs Vs. Louisiana
Detailed Rayne Transportation Costs Vs. Louisiana
Detailed Rayne Utilities Costs Vs. Louisiana
Rayne SnackAbility
/10
Cost Of Living In Cities Around Rayne
The cost of living varies in the cities and towns around Rayne. 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 95, 1.1x Rayne.
Youngsville, LA has a cost of living index of 105, 1.3x Rayne.
Broussard, LA has a cost of living index of 96, 1.2x Rayne.
| City | Population | Cost Of Living | Vs. Rayne |
|---|---|---|---|
| Lafayette, LA | 122,469 | 95 | 1.1x |
| Youngsville, LA | 15,167 | 105 | 1.3x |
| Broussard, LA | 12,960 | 96 | 1.2x |
| Crowley, LA | 11,916 | 85 | 1.0x |
| Eunice, LA | 9,589 | 86 | 1.0x |
| Carencro, LA | 9,531 | 92 | 1.1x |
| Scott, LA | 8,200 | 92 | 1.1x |
