Cost of Living in Wakefield, LA
Housing
The housing market plays a significant role in determining the cost of living in Wakefield, LA.
- Housing Index: Data is updating
- Median Home Price is: $185,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the data for Wakefield, LA, the housing market reflects a 0.0 index of 0.0, indicating a potentially inactive market, which may lead to further negotiations or lower competition. Meanwhile, the median home price is set at 185000, making it attainable for buyers looking to invest. However, both the average rent for a 2-bedroom apartment and house are listed at 0.0, suggesting limited rental availability. Before making a decision, it's crucial to consider local economic factors, amenities, and population growth that might affect the housing market in the future.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wakefield, 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 Wakefield, 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 Wakefield is a financially viable option for your relocation.