Cost of Living in Independence, LA
Housing
The housing market plays a significant role in determining the cost of living in Independence, LA.
- Housing Index: 96.3 / 100
- Median Home Price is: $132,000
- Average Rent (2 BR Apartment): $1358 per month
- Average Rent (2 BR House): $1476 per month
When considering a move to Independence, LA, the current housing index stands at 96.3, indicating a fluctuating market. With a median home price of 132000, buying a home may be a viable option for many families. However, it's noteworthy that both average rent prices for a 2BR apartment at 1358 and a 2BR house at 1476 are currently recorded as zero, which could reflect negligible rental availability or data discrepancies. Potential movers should also research local amenities, job opportunities, and community vibe before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Independence, 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.): $231 per month
Living in Independence, 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 $231 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 Independence is a financially viable option for your relocation.