Cost of Living in Lake arthur, LA
Housing
The housing market plays a significant role in determining the cost of living in Lake arthur, LA.
- Housing Index: Data is updating
- Median Home Price is: $163,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In analyzing the provided data for Lake arthur, LA, it seems that the housing market is quite favorable given the median home price of 163000. Although both the average rent for a 2-bedroom apartment and house are recorded as zero, it's essential to consider this might reflect either a lack of data or an anomaly in the market. Even with the modest price for purchasing a home, be sure to research local amenities, schools, and transportation options which can significantly impact your living experience. Overall, this location could be ideal for homebuyers looking for affordability.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lake arthur, 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 Lake arthur, 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 Lake arthur is a financially viable option for your relocation.