The 10 Most Expensive Places To Live In Louisiana For 2021


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 2021. This is our seventh 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 2021.

So where is the most expensive place to live in Louisiana? That would be New Orleans.
the 2015-2019 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 2021:

  1. New Orleans
  2. Natchitoches
  3. Ruston
  4. Thibodaux
  5. Grambling
  6. Baton Rouge
  7. Hammond
  8. Carencro
  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 Oakdale (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 2021

1. New OrleansNew Orleans, LA

Overall SnackAbility

4
/10

Population: 390,845
Rank Last Year: 1 (No Change)
Home Price To Income Ratio: 5.6x (3rd most expensive)
Income To Rent Ratio: 41.7x (12th most expensive)
More on New Orleans: Real Estate | Data | Photos

The median income in New Orleans comes in at $41,604 and the median home value is $231,500 for 2021.

2. NatchitochesNatchitoches, LA

Source: Public domain
Overall SnackAbility

2
/10

Population: 17,898
Rank Last Year: 2 (No Change)
Home Price To Income Ratio: 7.6x (most expensive)
Income To Rent Ratio: 32.3x (2nd most expensive)
More on Natchitoches: Real Estate | Data | Photos

The median income in Natchitoches comes in at $21,715 and the median home value is $164,700 for 2021.

3. RustonRuston, LA

Overall SnackAbility

4
/10

Population: 21,976
Rank Last Year: 3 (No Change)
Home Price To Income Ratio: 5.8x (2nd most expensive)
Income To Rent Ratio: 39.2x (9th most expensive)
More on Ruston: Real Estate | Data | Photos

The median income in Ruston comes in at $29,128 and the median home value is $169,600 for 2021.

4. ThibodauxThibodaux, LA

Overall SnackAbility

4
/10

Population: 14,494
Rank Last Year: 6 (Up 2)
Home Price To Income Ratio: 4.4x (8th most expensive)
Income To Rent Ratio: 46.9x (20th most expensive)
More on Thibodaux: Real Estate | Data | Photos

The median income in Thibodaux comes in at $38,269 and the median home value is $166,800 for 2021.

5. GramblingGrambling, LA

Overall SnackAbility

4
/10

Population: 5,185
Rank Last Year: 10 (Up 5)
Home Price To Income Ratio: 5.1x (4th most expensive)
Income To Rent Ratio: 31.5x (most expensive)
More on Grambling: Real Estate | Data | Photos

The median income in Grambling comes in at $22,398 and the median home value is $114,800 for 2021.

6. Baton RougeBaton Rouge, LA

Source: Public domain
Overall SnackAbility

4
/10

Population: 224,149
Rank Last Year: 4 (Down 2)
Home Price To Income Ratio: 3.9x (16th most expensive)
Income To Rent Ratio: 50.6x (26th most expensive)
More on Baton Rouge: Real Estate | Data | Photos

The median income in Baton Rouge comes in at $44,470 and the median home value is $174,000 for 2021.

7. HammondHammond, LA

Overall SnackAbility

5
/10

Population: 20,668
Rank Last Year: 19 (Up 13)
Home Price To Income Ratio: 4.3x (10th most expensive)
Income To Rent Ratio: 46.4x (19th most expensive)
More on Hammond: Real Estate | Data | Photos

The median income in Hammond comes in at $36,921 and the median home value is $159,300 for 2021.

8. CarencroCarencro, LA

Source: Public domain
Overall SnackAbility

4
/10

Population: 8,984
Rank Last Year: 13 (Up 5)
Home Price To Income Ratio: 4.3x (12th most expensive)
Income To Rent Ratio: 51.6x (27th most expensive)
More on Carencro: Real Estate | Data | Photos

The median income in Carencro comes in at $39,162 and the median home value is $167,300 for 2021.

9. MonroeMonroe, LA

Overall SnackAbility

3
/10

Population: 48,241
Rank Last Year: 7 (Down 2)
Home Price To Income Ratio: 4.6x (6th most expensive)
Income To Rent Ratio: 43.4x (15th most expensive)
More on Monroe: Real Estate | Data | Photos

The median income in Monroe comes in at $30,438 and the median home value is $139,600 for 2021.

10. WestwegoWestwego, LA

Overall SnackAbility

4
/10

Population: 8,438
Rank Last Year: 5 (Down 5)
Home Price To Income Ratio: 4.1x (13th most expensive)
Income To Rent Ratio: 33.7x (4th most expensive)
More on Westwego: Real Estate | Data | Photos

The median income in Westwego comes in at $30,126 and the median home value is $123,600 for 2021.

How We Determined The Most Expensive Places To Live In The Pelican State For 2021

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 2015-2019 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.

Taking A Chunk Out Of Your Paycheck In Louisiana For 2021

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. Oakdale
  2. Franklin
  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 6.33 390,845 5.6x 41.7x
2 Natchitoches 7.33 17,898 7.6x 32.3x
3 Ruston 8.67 21,976 5.8x 39.2x
4 Thibodaux 15.0 14,494 4.4x 46.9x
5 Grambling 16.17 5,185 5.1x 31.5x
6 Baton Rouge 18.0 224,149 3.9x 50.6x
7 Hammond 18.0 20,668 4.3x 46.4x
8 Carencro 18.33 8,984 4.3x 51.6x
9 Monroe 18.67 48,241 4.6x 43.4x
10 Westwego 19.33 8,438 4.1x 33.7x
11 St. Martinville 19.67 5,945 4.9x 42.4x
12 Crowley 19.67 12,796 4.3x 35.8x
13 Donaldsonville 21.83 8,237 4.4x 40.8x
14 Opelousas 22.33 16,234 4.3x 35.8x
15 Ponchatoula 23.0 7,195 3.7x 45.8x
16 Mandeville 23.0 12,448 4.0x 64.4x
17 Minden 24.0 12,274 3.9x 32.5x
18 Marksville 24.33 5,432 4.0x 40.8x
19 West Monroe 24.33 12,583 3.9x 46.3x
20 Gretna 25.0 17,774 3.6x 53.5x
21 Lafayette 25.0 126,666 3.8x 57.6x
22 Shreveport 25.33 192,035 3.8x 48.1x
23 St. Gabriel 26.0 7,282 3.6x 53.5x
24 Plaquemine 26.67 6,680 3.6x 52.4x
25 Harahan 27.33 9,304 3.6x 62.8x
26 Lake Charles 28.0 77,283 3.6x 52.6x
27 Ville Platte 29.0 7,159 3.7x 34.4x
28 Jennings 29.5 9,980 3.8x 47.7x
29 Kenner 30.0 66,777 3.3x 56.7x
30 Bossier City 30.33 68,248 3.2x 52.7x
31 Houma 30.33 33,334 3.7x 55.2x
32 Alexandria 31.0 47,012 3.4x 52.3x
33 Slidell 32.33 27,822 2.9x 52.7x
34 Covington 32.67 10,372 3.3x 74.6x
35 Bastrop 32.67 10,311 3.6x 36.0x
36 Morgan City 33.0 11,206 3.3x 49.6x
37 Gonzales 34.0 10,789 3.0x 54.1x
38 Pineville 36.0 14,237 3.5x 61.8x
39 Breaux Bridge 36.67 8,262 3.5x 57.8x
40 Leesville 37.0 5,891 3.0x 42.3x
41 New Iberia 37.67 29,456 3.0x 50.2x
42 Rayne 37.83 8,041 3.6x 54.1x
43 Denham Springs 38.0 9,937 3.0x 62.6x
44 Eunice 38.33 10,140 3.3x 53.4x
45 Zachary 38.67 17,283 2.6x 77.3x
46 Broussard 38.67 11,913 2.6x 68.3x
47 Central 39.33 29,107 2.7x 86.2x
48 Deridder 40.33 10,861 3.2x 61.8x
49 Tallulah 40.33 6,851 2.8x 43.6x
50 Youngsville 40.67 13,407 2.5x 77.4x
51 Walker 41.0 6,261 2.8x 74.8x
52 Sulphur 45.0 20,113 2.7x 62.7x
53 Bogalusa 45.67 11,673 2.7x 53.4x
54 Jeanerette 46.0 5,385 2.4x 47.8x
55 Baker 47.0 13,437 2.4x 55.5x
56 Scott 48.0 8,729 2.5x 64.9x
57 Patterson 49.33 5,953 2.5x 55.3x
58 Abbeville 52.0 12,236 2.5x 57.0x
59 Franklin 52.33 6,960 2.0x 53.9x
60 Oakdale 59.67 7,607 2.1x 73.3x

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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.