New Iberia, LA Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
New Iberia's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means New Iberia is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in New Iberia, LA?

According to the most recent data on the cost of living, New Iberia has an overall cost of living index of 86 which is 0.9x lower than the national index of 100.

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

The standard of living in New Iberia ranks as #959 most affordable out of the 6522 places we measured in Louisiana. By definition, that implies New Iberia ranks as the #5447 most expensive place in the Pelican State.

For more reading on life in New Iberia, check out:

New Iberia Cost Of Living Vs. Louisiana

Living Expense New Iberia Louisiana National Average
Overall 86 92 100
Services 94 96 100
Groceries 102 98 100
Health 90 98 100
Housing 62 81 100
Transportation 105 99 100
Utilities 88 88 100
For more reading on cost of living around Louisiana, check out:
New Iberia Cost of Living Vs. LA

New Iberia, LA Housing Cost Breakdown

Housing swings affordability the most between places in Louisiana, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic New Iberia Louisiana United States
Median Home Value $106,900 $157,800 $204,900
Median Rent $750 $850 $1,023
Median Income $37,628 $47,942 $60,293
Home Value To Income 2.8x 3.3x 3.4x
Rent To Monthly Income 0.24x 0.21x 0.2x

New Iberia SnackAbility

Overall SnackAbility

Cost Of Living In Cities Around New Iberia

City Population Cost Of Living Vs. New Iberia
Lafayette, LA 126,515 95 1.1x
Youngsville, LA 12,753 104 1.2x
Abbeville, LA 12,286 82 1.0x
Broussard, LA 11,412 97 1.1x
Breaux Bridge, LA 8,299 93 1.1x
St. Martinville, LA 6,014 81 0.9x
Jeanerette, LA 5,410 80 0.9x

Articles About Louisiana

Enjoy The Snack?