The housing market plays a significant role in determining the cost of living in Baton rouge, LA.
Considering moving to Baton rouge, LA? With a population of , the median age is 31.9, indicating a youthful community. However, be mindful of the 20% poverty level, which may impact local services and housing quality. The median income stands at , which is crucial to evaluate your budgeting for living expenses. With 25% of families being married, there is a sense of community and stability. Combining this with a 4.7% unemployment rate, it's essential to weigh job opportunities against economic factors when making your decision.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Baton rouge, LA.
Living in Baton rouge, 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 250 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 Bethlehem is a financially viable option for your relocation.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Baton rouge, LA, consider the following factors: