Cost of Living in Ruston, LA
Housing
The housing market plays a significant role in determining the cost of living in Ruston, LA.
- Housing Index: 85.0 / 100
- Median Home Price is: $220,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1300 per month
Considering the data for Ruston, LA reveals a housing index of 85.0, suggesting a favorable market compared to national averages. With a median home price of 220000, real estate in this area may be accessible for many first-time buyers. The average rent for a 2-bedroom apartment is 1200, while a 2-bedroom house costs slightly more at 1300. It's worth noting that areas with lower housing indices often experience better purchasing power, making it an appealing location for those seeking affordability and community amenities.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ruston, 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.): $250 per month
Living in Ruston, 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 Ruston is a financially viable option for your relocation.