The 10 Most Expensive Places To Live In Louisiana For 2023


We used science and data to determine which cities in Louisiana that will put a big dent in your wallet.

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Editor’s Note: We updated this article for 2023. This is our tenth time ranking the most expensive places to live in Louisiana.

Everyone wants a home that mixes affordability with comfort and Louisiana does this very well. Families love the Pelican State's beaches, midlands, and mountains as tourists before moving here and calling it home.

But before you decide to relocate, you have to do some research into the exact cost of living around the state -- and that's how we're going to help you.

These are the places in Louisiana that cost a pretty penny -- the most expensive cities in the state.

After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in Louisiana for 2023.

So where is the most expensive place to live in Louisiana? That would be New Orleans.
the 2017-2021 American Community Survey for the 60 places in Louisiana with more than 5,000 people.

Here are the 10 most expensive places to live in Louisiana for 2023:

  1. New Orleans
  2. Ruston
  3. Hammond
  4. Donaldsonville
  5. Gretna
  6. Natchitoches
  7. Ponchatoula
  8. Baton Rouge
  9. Monroe
  10. Westwego

What's the most expensive place to live in Louisiana? Well, HomeSnacks crunched the numbers and discovered that New Orleans is the most expensive place to live in Louisiana.

So hopefully Scott (the cheapest place to live in Louisiana) can show these guys how to live on a budget in the coming years. Read on for how these places had costs rise faster than inflation.

And if you already knew these places were expensive, check out some more reading about Louisiana and the most expensive cities in the country:

The 10 Most Expensive Places To Live In Louisiana For 2023

1. New Orleans

New Orleans, LA

Overall SnackAbility

4
/10

Population: 383,974
Rank Last Year: 1 (No Change)
Home Price To Income Ratio: 5.6x (4th most expensive)
Income To Rent Ratio: 42.3x (9th most expensive)
More on New Orleans: Real Estate | Data | Photos

The median income in New Orleans comes in at $45,594 and the median home value is $255,500 for 2023.

2. Ruston

Ruston, LA

Overall SnackAbility

4
/10

Population: 22,286
Rank Last Year: 5 (Up 3)
Home Price To Income Ratio: 5.7x (3rd most expensive)
Income To Rent Ratio: 44.9x (13th most expensive)
More on Ruston: Real Estate | Data | Photos

The median income in Ruston comes in at $34,554 and the median home value is $195,800 for 2023.

3. Hammond

Hammond, LA

Overall SnackAbility

6
/10

Population: 19,374
Rank Last Year: 3 (No Change)
Home Price To Income Ratio: 4.7x (5th most expensive)
Income To Rent Ratio: 44.3x (12th most expensive)
More on Hammond: Real Estate | Data | Photos

The median income in Hammond comes in at $37,302 and the median home value is $174,400 for 2023.

4. Donaldsonville

Donaldsonville, LA

Overall SnackAbility

4
/10

Population: 6,834
Rank Last Year: 6 (Up 3)
Home Price To Income Ratio: 7.5x (most expensive)
Income To Rent Ratio: 28.8x (most expensive)
More on Donaldsonville: Real Estate | Data | Photos

The median income in Donaldsonville comes in at $20,052 and the median home value is $149,700 for 2023.

5. Gretna

Gretna, LA

Overall SnackAbility

4
/10

Population: 17,836
Rank Last Year: 12 (Up 7)
Home Price To Income Ratio: 4.6x (6th most expensive)
Income To Rent Ratio: 48.6x (20th most expensive)
More on Gretna: Real Estate | Data | Photos

The median income in Gretna comes in at $44,688 and the median home value is $205,200 for 2023.

6. Natchitoches

Natchitoches, LA

Source: Public domain
Overall SnackAbility

2
/10

Population: 18,105
Rank Last Year: 2 (Down 3)
Home Price To Income Ratio: 5.8x (2nd most expensive)
Income To Rent Ratio: 41.2x (8th most expensive)
More on Natchitoches: Real Estate | Data | Photos

The median income in Natchitoches comes in at $28,401 and the median home value is $163,900 for 2023.

7. Ponchatoula

Ponchatoula, LA

Overall SnackAbility

5
/10

Population: 7,729
Rank Last Year: 7 (No Change)
Home Price To Income Ratio: 4.5x (8th most expensive)
Income To Rent Ratio: 36.3x (5th most expensive)
More on Ponchatoula: Real Estate | Data | Photos

The median income in Ponchatoula comes in at $36,706 and the median home value is $164,700 for 2023.

8. Baton Rouge

Baton Rouge, LA

Source: Public domain
Overall SnackAbility

4
/10

Population: 225,539
Rank Last Year: 9 (Up 1)
Home Price To Income Ratio: 4.1x (11th most expensive)
Income To Rent Ratio: 49.4x (23rd most expensive)
More on Baton Rouge: Real Estate | Data | Photos

The median income in Baton Rouge comes in at $46,282 and the median home value is $191,100 for 2023.

9. Monroe

Monroe, LA

Overall SnackAbility

3
/10

Population: 48,105
Rank Last Year: 10 (Up 1)
Home Price To Income Ratio: 4.4x (9th most expensive)
Income To Rent Ratio: 46.5x (16th most expensive)
More on Monroe: Real Estate | Data | Photos

The median income in Monroe comes in at $33,925 and the median home value is $149,000 for 2023.

10. Westwego

Westwego, LA

Overall SnackAbility

4
/10

Population: 8,538
Rank Last Year: 12 (Up 3)
Home Price To Income Ratio: 4.0x (14th most expensive)
Income To Rent Ratio: 35.7x (4th most expensive)
More on Westwego: Real Estate | Data | Photos

The median income in Westwego comes in at $32,384 and the median home value is $130,200 for 2023.

Methodology: How We Determined The Most Expensive Places To Live In The Pelican State For 2023

Map Of The Cheapest Places To Live In Louisiana
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it's actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2017-2021 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in Louisiana to figure out which is the most expensive.

What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 60 places in Louisiana that have more than 5,000 people.

The place with the highest cost of living in Louisiana according to the data is New Orleans. You can download the data here.

Summary: Taking A Chunk Out Of Your Paycheck In Louisiana For 2023

Well there you have it, the places in Louisiana that have the highest cost of living, with New Orleans ranking as the most expensive city in the Pelican State.

Here's a look at the most affordable cities in Louisiana according to the data:

  1. Scott
  2. Patterson
  3. Abbeville

For more Louisiana reading, check out:

Detailed List Of The Most Expensive Cities In Louisiana

Rank City ExpensiveScore Population Home/Income Ratio Income/Rent Ratio
1 New Orleans 5.67 383,974 5.6x 42.3x
2 Ruston 9.67 22,286 5.7x 44.9x
3 Hammond 11.67 19,374 4.7x 44.3x
4 Donaldsonville 11.67 6,834 7.5x 28.8x
5 Gretna 12.33 17,836 4.6x 48.6x
6 Natchitoches 12.33 18,105 5.8x 41.2x
7 Ponchatoula 13.0 7,729 4.5x 36.3x
8 Baton Rouge 16.0 225,539 4.1x 49.4x
9 Monroe 19.67 48,105 4.4x 46.5x
10 Westwego 19.67 8,538 4.0x 35.7x
11 Minden 20.33 12,145 4.2x 33.6x
12 Thibodaux 20.67 15,242 4.0x 53.4x
13 Mandeville 21.33 12,985 4.1x 64.9x
14 Covington 22.0 11,155 3.7x 59.9x
15 Lafayette 22.67 122,469 3.8x 58.4x
16 Shreveport 23.0 189,374 3.7x 48.2x
17 Grambling 23.0 5,127 4.0x 39.4x
18 Crowley 23.67 11,916 4.5x 50.2x
19 Harahan 24.33 9,137 3.7x 68.3x
20 Alexandria 26.0 45,736 3.6x 50.4x
21 Gonzales 26.0 12,080 2.9x 46.2x
22 Slidell 27.5 28,537 2.9x 48.6x
23 Kenner 28.33 66,411 3.4x 58.9x
24 Bossier City 28.33 63,168 3.3x 50.9x
25 West Monroe 28.67 13,103 3.6x 51.1x
26 Rayne 28.67 7,332 3.7x 51.1x
27 Houma 29.5 33,461 3.5x 58.1x
28 Lake Charles 30.0 83,444 3.4x 56.0x
29 St. Gabriel 30.33 7,046 3.5x 62.3x
30 Bastrop 30.67 9,879 3.4x 36.9x
31 Carencro 31.33 9,531 3.5x 65.6x
32 Pineville 31.33 14,653 3.6x 59.1x
33 Breaux Bridge 31.33 7,711 3.5x 56.2x
34 Central 33.67 29,746 3.0x 76.7x
35 Marksville 34.0 5,118 3.4x 45.3x
36 St. Martinville 34.67 5,602 3.2x 46.7x
37 Ville Platte 35.0 6,488 2.9x 35.4x
38 Morgan City 35.33 11,525 3.0x 52.7x
39 Zachary 35.67 19,278 2.6x 64.6x
40 Bogalusa 35.67 10,921 3.0x 46.9x
41 Jennings 36.0 9,836 3.3x 52.7x
42 Opelousas 36.67 15,884 3.2x 50.6x
43 Broussard 37.0 12,960 2.8x 91.5x
44 Sulphur 37.33 21,490 2.9x 54.0x
45 Leesville 37.67 5,666 2.7x 43.6x
46 Eunice 38.33 9,589 3.0x 52.4x
47 Franklin 38.67 6,811 2.6x 42.9x
48 Youngsville 39.67 15,167 2.2x 73.3x
49 Addis 39.67 6,503 2.6x 91.2x
50 Plaquemine 40.67 6,187 2.7x 62.2x
51 New Iberia 42.0 28,844 2.8x 55.2x
52 Deridder 43.33 10,060 2.7x 61.6x
53 Walker 43.67 6,322 2.1x 71.6x
54 Tallulah 45.33 6,357 2.4x 49.0x
55 Baker 46.0 12,736 2.3x 56.4x
56 Oakdale 46.67 7,092 2.5x 53.7x
57 Denham Springs 47.0 9,389 2.1x 88.9x
58 Abbeville 47.0 11,313 2.4x 53.1x
59 Patterson 49.67 5,928 2.4x 63.9x
60 Scott 53.0 8,200 2.0x 73.8x

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About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.