Cost of living in Ruston 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 Ruston 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 Ruston is 89, with 100 being the average.
The cost of living index in Ruston is 0.9x lower than the national average.
Ruston ranks as the #40 cheapest in Louisiana out of 109.
Ruston ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Ruston is $195,800.
The median income in Ruston is $34,554.
According to the most recent data on the cost of living, Ruston has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Ruston has a cost of living index that's 1.0x lower than Louisiana's index of 92.
The standard of living in Ruston ranks as #40 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Ruston ranks as the #69 most expensive place in the Pelican State.
For more reading on life in Ruston, check out:
Six factors go into calculating the cost of living index in Ruston. Here is how it fairs on each of the criteria:
The Services index in Ruston is 93.
The Groceries index in Ruston is 91.
The Health index in Ruston is 93.
The Housing index in Ruston is 81.
The Transportation index in Ruston is 84.
The Utilities index in Ruston is 82.
Living Expense | Ruston | Louisiana | National Average | |
---|---|---|---|---|
Overall | 89 | 92 | 100 | |
Services | 93 | 96 | 100 | |
Groceries | 91 | 96 | 100 | |
Health | 93 | 99 | 100 | |
Housing | 81 | 83 | 100 | |
Transportation | 84 | 96 | 100 | |
Utilities | 82 | 86 | 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 2017-2021. The key points are:
The Median Home Value in Ruston is $195,800.
The Median Rent in Ruston is $769.
The Median Income in Ruston is $34,554.
The Home Value To Income in Ruston is 5.7x.
The Rent To Monthly Income in Ruston is 0.27x.
Statistic | Ruston | Louisiana | United States |
---|---|---|---|
Median Home Value | $195,800 | $174,000 | $244,900 |
Median Rent | $769 | $923 | $1,163 |
Median Income | $34,554 | $53,571 | $69,021 |
Home Value To Income | 5.7x | 3.2x | 3.5x |
Rent To Monthly Income | 0.27x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Ruston. Here's a quick look at the cost of living in the most populous nearby places:
Monroe, LA has a cost of living index of 84, 0.9x Ruston.
El Dorado, AR has a cost of living index of 79, 0.9x Ruston.
Jamestown, ND has a cost of living index of 91, 1.0x Ruston.
City | Population | Cost Of Living | Vs. Ruston |
---|---|---|---|
Monroe, LA | 48,105 | 84 | 0.9x |
El Dorado, AR | 17,800 | 79 | 0.9x |
Jamestown, ND | 15,823 | 91 | 1.0x |
Claiborne, LA | 13,147 | 89 | 1.0x |
West Monroe, LA | 13,103 | 83 | 0.9x |
Minden, LA | 12,145 | 85 | 1.0x |
Bastrop, LA | 9,879 | 75 | 0.8x |
Grambling, LA | 5,127 | 80 | 0.9x |