Cost of living in Waggaman 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 Waggaman 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 Waggaman is 90, with 100 being the average.
The cost of living index in Waggaman is 0.9x lower than the national average.
Waggaman ranks as the #35 cheapest in Louisiana out of 106.
Waggaman ranks as the #1,206 cheapest out of 6,489 in the US.
The median home value in Waggaman is $159,433.
The median income in Waggaman is $59,566.
According to the most recent data on the cost of living, Waggaman has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Waggaman has a cost of living index that's 1.0x lower than Louisiana's index of 90.
The standard of living in Waggaman ranks as #35 most affordable out of the 106 places we measured in Louisiana. By definition, that implies Waggaman ranks as the #71 most expensive place in the Pelican State.
For more reading on life in Waggaman, check out:
Six factors go into calculating the cost of living index in Waggaman. Here is how it fairs on each of the criteria:
The Services index in Waggaman is 102.
The Groceries index in Waggaman is 98.
The Health index in Waggaman is 115.
The Housing index in Waggaman is 81.
The Transportation index in Waggaman is 92.
The Utilities index in Waggaman is 79.
| Living Expense | Waggaman | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 90 | 90 | 100 | |
| Services | 102 | 94 | 100 | |
| Groceries | 98 | 93 | 100 | |
| Health | 115 | 100 | 100 | |
| Housing | 81 | 80 | 100 | |
| Transportation | 92 | 94 | 100 | |
| Utilities | 79 | 83 | 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 2019-2023. The key points are:
The Median Home Value in Waggaman is $159,433.
The Median Rent in Waggaman is $1,417.
The Median Income in Waggaman is $59,566.
The Home Value To Income in Waggaman is 2.7x.
The Rent To Monthly Income in Waggaman is 0.29x.
The cost of living varies in the cities and towns around Waggaman. Here's a quick look at the cost of living in the most populous nearby places:
New Orleans, LA has a cost of living index of 108, 1.2x Waggaman.
Metairie, LA has a cost of living index of 107, 1.2x Waggaman.
Kenner, LA has a cost of living index of 101, 1.1x Waggaman.
| City | Population | Cost Of Living | Vs. Waggaman |
|---|---|---|---|
| New Orleans, LA | 376,035 | 108 | 1.2x |
| Metairie, LA | 138,995 | 107 | 1.2x |
| Kenner, LA | 65,113 | 101 | 1.1x |
| Marrero, LA | 31,866 | 95 | 1.1x |
| Chalmette, LA | 22,447 | 97 | 1.1x |
| Harvey, LA | 21,710 | 95 | 1.1x |
| Gretna, LA | 17,468 | 96 | 1.1x |
| Estelle, LA | 16,761 | 98 | 1.1x |
| River Ridge, LA | 13,170 | 106 | 1.2x |
| Jefferson, LA | 9,984 | 96 | 1.1x |