Cost of Living in Reserve, LA
Housing
The housing market plays a significant role in determining the cost of living in Reserve, LA.
- Housing Index: Data is updating
- Median Home Price is: $215,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for Reserve, LA, the housing index stands at 0.0, indicating potential affordability concerns. The median home price is 215000, which can be attractive for prospective buyers. However, with both average rents for 2-bedroom apartments and houses at $0, it may signal undersupply or a lack of market transactions. Potential movers should consider local job opportunities, quality of life, and amenities, particularly in a market that may be currently stagnant or emerging. An in-depth analysis of local economic factors is advisable for making an informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Reserve, LA.
- Electricity Price: $11.42 USD (median by state)
- Natural Gas Price: $19.48 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Reserve, LA could entail higher utility costs. Electricity costs sit at $11.42, while natural gas is priced at $19.48 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Reserve is a financially viable option for your relocation.