Minden, LA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Minden, LA Summary

Cost of living in Minden 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 Minden 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 Minden is 85, with 100 being the average.

  • The cost of living index in Minden is 0.8x lower than the national average.

  • Minden ranks as the #20 cheapest in Louisiana out of 109.

  • Minden ranks as the #777 cheapest out of 6,412 in the US.

  • The median home value in Minden is $106,800.

  • The median income in Minden is $25,661.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
85
Minden's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Minden, LA?

According to the most recent data on the cost of living, Minden has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.

Compared to Louisiana, Minden has a cost of living index that's 0.9x lower than Louisiana's index of 92.

The standard of living in Minden ranks as #20 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Minden ranks as the #89 most expensive place in the Pelican State.

For more reading on life in Minden, check out:

20 out of 109
In Louisiana
777 out of 6,412
In America

Minden Cost Of Living Vs. Louisiana

Six factors go into calculating the cost of living index in Minden. Here is how it fairs on each of the criteria:

  • The Services index in Minden is 99.

  • The Groceries index in Minden is 98.

  • The Health index in Minden is 101.

  • The Housing index in Minden is 56.

  • The Transportation index in Minden is 91.

  • The Utilities index in Minden is 89.

Living Expense Minden Louisiana National Average
Overall 85 92 100
Services 99 96 100
Groceries 98 96 100
Health 101 99 100
Housing 56 83 100
Transportation 91 96 100
Utilities 89 86 100
For more reading on cost of living around Louisiana, check out:
Minden Cost of Living Vs. LA

Minden, 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 Minden is $106,800.

  • The Median Rent in Minden is $763.

  • The Median Income in Minden is $25,661.

  • The Home Value To Income in Minden is 4.2x.

  • The Rent To Monthly Income in Minden is 0.36x.

Statistic Minden Louisiana United States
Median Home Value $106,800 $174,000 $244,900
Median Rent $763 $923 $1,163
Median Income $25,661 $53,571 $69,021
Home Value To Income 4.2x 3.2x 3.5x
Rent To Monthly Income 0.36x 0.21x 0.2x
Search Homes For Sale In Minden, LA
$106,800
Median Home Value
$763
Median Rent
$25,661
Median Income

Minden, LA Costs By Category

Detailed Minden Services Costs Vs. Louisiana

Item Minden Louisiana
Shampoo $1.08 $1.06
Movie $10.41 $10.68
Bowling $15.0 $14.67
Haircut $17.43 $18.62
Beauty Salon $33.55 $39.05

Detailed Minden Groceries Costs Vs. Louisiana

Item Minden Louisiana
Ground Beef $4.29 $4.22
Fried Chicken $1.23 $1.39
Milk $2.02 $2.05
Potatoes $3.0 $3.29
Pizza $9.82 $10.62
Beer $9.01 $9.38
Toothpaste $2.15 $2.34

Detailed Minden Health Costs Vs. Louisiana

Item Minden Louisiana
Optometrist $88.55 $108.57
Doctor $101.77 $116.17
Dentist $109.04 $99.13

Detailed Minden Transportation Costs Vs. Louisiana

Item Minden Louisiana
Gasoline $1.93 $2.22
Tire Balancing $53.24 $50.07

Detailed Minden Utilities Costs Vs. Louisiana

Item Minden Louisiana
All Electricity $135.06 $167.67
Phone $180.18 $175.64

Minden SnackAbility

4
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
4
Diversity
9
Safety
4
Amenities
8
Education
6
Commute
8

Cost Of Living In Cities Around Minden

The cost of living varies in the cities and towns around Minden. Here's a quick look at the cost of living in the most populous nearby places:

  • Shreveport, LA has a cost of living index of 88, 1.0x Minden.

  • Ruston, LA has a cost of living index of 89, 1.0x Minden.

  • Jamestown, ND has a cost of living index of 91, 1.1x Minden.

City Population Cost Of Living Vs. Minden
Shreveport, LA 189,374 88 1.0x
Ruston, LA 22,286 89 1.0x
Jamestown, ND 15,823 91 1.1x
Magnolia, AR 11,205 83 1.0x
Red Chute, LA 7,504 92 1.1x

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