Carencro, LA Cost Of Living
Cost Of Living In Carencro, LA Summary
Cost of living in Carencro research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Carencro is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Louisiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Carencro is 92, with 100 being the average.
The cost of living index in Carencro is 0.9x lower than the national average.
Carencro ranks as the #63 cheapest in Louisiana out of 109.
Carencro ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Carencro is $184,000.
The median income in Carencro is $52,478.
Table Of Contents
Carencro's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Carencro, LA?
According to the most recent data on the cost of living, Carencro has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Carencro has a cost of living index that's 1.0x lower than Louisiana's index of 92.
The standard of living in Carencro ranks as #63 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Carencro ranks as the #46 most expensive place in the Pelican State.
For more reading on life in Carencro, check out:
- Living In Carencro
- Carencro Crime Report
- Search Homes For Sale In Carencro, LA
In Louisiana
In America
Carencro Cost Of Living Vs. Louisiana
Six factors go into calculating the cost of living index in Carencro. Here is how it fairs on each of the criteria:
The Services index in Carencro is 99.
The Groceries index in Carencro is 103.
The Health index in Carencro is 93.
The Housing index in Carencro is 79.
The Transportation index in Carencro is 102.
The Utilities index in Carencro is 90.
| Living Expense | Carencro | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 92 | 92 | 100 | |
| Services | 99 | 96 | 100 | |
| Groceries | 103 | 96 | 100 | |
| Health | 93 | 99 | 100 | |
| Housing | 79 | 83 | 100 | |
| Transportation | 102 | 96 | 100 | |
| Utilities | 90 | 86 | 100 | |
Carencro, LA Housing Cost Breakdown
Housing swings affordability the most between places in Louisiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Carencro is $184,000.
The Median Rent in Carencro is $800.
The Median Income in Carencro is $52,478.
The Home Value To Income in Carencro is 3.5x.
The Rent To Monthly Income in Carencro is 0.18x.
| Statistic | Carencro | Louisiana | United States |
|---|---|---|---|
| Median Home Value | $184,000 | $174,000 | $244,900 |
| Median Rent | $800 | $923 | $1,163 |
| Median Income | $52,478 | $53,571 | $69,021 |
| Home Value To Income | 3.5x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Carencro, LA Costs By Category
Detailed Carencro Services Costs Vs. Louisiana
Detailed Carencro Groceries Costs Vs. Louisiana
Detailed Carencro Health Costs Vs. Louisiana
Detailed Carencro Transportation Costs Vs. Louisiana
Detailed Carencro Utilities Costs Vs. Louisiana
Carencro SnackAbility
/10
Cost Of Living In Cities Around Carencro
The cost of living varies in the cities and towns around Carencro. Here's a quick look at the cost of living in the most populous nearby places:
Lafayette, LA has a cost of living index of 95, 1.0x Carencro.
Opelousas, LA has a cost of living index of 86, 0.9x Carencro.
Youngsville, LA has a cost of living index of 105, 1.1x Carencro.
| City | Population | Cost Of Living | Vs. Carencro |
|---|---|---|---|
| Lafayette, LA | 122,469 | 95 | 1.0x |
| Opelousas, LA | 15,884 | 86 | 0.9x |
| Youngsville, LA | 15,167 | 105 | 1.1x |
| Broussard, LA | 12,960 | 96 | 1.0x |
| Scott, LA | 8,200 | 92 | 1.0x |
| Breaux Bridge, LA | 7,711 | 96 | 1.0x |
| Rayne, LA | 7,332 | 83 | 0.9x |
| St. Martinville, LA | 5,602 | 79 | 0.9x |
