Raceland, LA Cost Of Living

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

Cost Of Living In Raceland, LA Summary

Cost of living in Raceland 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 Raceland 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 Raceland is 90, with 100 being the average.

  • The cost of living index in Raceland is 0.9x lower than the national average.

  • Raceland ranks as the #46 cheapest in Louisiana out of 109.

  • Raceland ranks as the #1,633 cheapest out of 6,412 in the US.

  • The median home value in Raceland is $143,200.

  • The median income in Raceland is $41,494.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
90
Raceland's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Raceland, LA?

According to the most recent data on the cost of living, Raceland has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.

Compared to Louisiana, Raceland has a cost of living index that's 1.0x lower than Louisiana's index of 92.

The standard of living in Raceland ranks as #46 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Raceland ranks as the #63 most expensive place in the Pelican State.

For more reading on life in Raceland, check out:

46 out of 109
In Louisiana
1,633 out of 6,412
In America

Raceland Cost Of Living Vs. Louisiana

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

  • The Services index in Raceland is 100.

  • The Groceries index in Raceland is 99.

  • The Health index in Raceland is 98.

  • The Housing index in Raceland is 68.

  • The Transportation index in Raceland is 98.

  • The Utilities index in Raceland is 95.

Living Expense Raceland Louisiana National Average
Overall 90 92 100
Services 100 96 100
Groceries 99 96 100
Health 98 99 100
Housing 68 83 100
Transportation 98 96 100
Utilities 95 86 100
For more reading on cost of living around Louisiana, check out:
Raceland Cost of Living Vs. LA

Raceland, 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 Raceland is $143,200.

  • The Median Rent in Raceland is $544.

  • The Median Income in Raceland is $41,494.

  • The Home Value To Income in Raceland is 3.5x.

  • The Rent To Monthly Income in Raceland is 0.16x.

Statistic Raceland Louisiana United States
Median Home Value $143,200 $174,000 $244,900
Median Rent $544 $923 $1,163
Median Income $41,494 $53,571 $69,021
Home Value To Income 3.5x 3.2x 3.5x
Rent To Monthly Income 0.16x 0.21x 0.2x
Search Homes For Sale In Raceland, LA
$143,200
Median Home Value
$544
Median Rent
$41,494
Median Income

Raceland, LA Costs By Category

Detailed Raceland Services Costs Vs. Louisiana

Item Raceland Louisiana
Shampoo $0.93 $1.06
Movie $10.99 $10.68
Bowling $13.17 $14.67
Haircut $20.87 $18.62
Beauty Salon $31.56 $39.05

Detailed Raceland Groceries Costs Vs. Louisiana

Item Raceland Louisiana
Ground Beef $4.69 $4.22
Fried Chicken $0.99 $1.39
Milk $2.13 $2.05
Potatoes $3.94 $3.29
Pizza $8.49 $10.62
Beer $8.65 $9.38
Toothpaste $2.61 $2.34

Detailed Raceland Health Costs Vs. Louisiana

Item Raceland Louisiana
Optometrist $90.5 $108.57
Doctor $75.0 $116.17
Dentist $114.59 $99.13

Detailed Raceland Transportation Costs Vs. Louisiana

Item Raceland Louisiana
Gasoline $2.0 $2.22
Tire Balancing $56.83 $50.07

Detailed Raceland Utilities Costs Vs. Louisiana

Item Raceland Louisiana
All Electricity $148.8 $167.67
Phone $180.18 $175.64

Raceland SnackAbility

4
/10
Overall SnackAbility
Jobs
4/10
Housing
4
Affordability
8
Diversity
8.5
Safety
N/A
Amenities
7
Education
4
Commute
5

Cost Of Living In Cities Around Raceland

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

  • Houma, LA has a cost of living index of 93, 1.0x Raceland.

  • Bayou Cane, LA has a cost of living index of 93, 1.0x Raceland.

  • Thibodaux, LA has a cost of living index of 91, 1.0x Raceland.

City Population Cost Of Living Vs. Raceland
Houma, LA 33,461 93 1.0x
Bayou Cane, LA 21,699 93 1.0x
Thibodaux, LA 15,242 91 1.0x
Bayou Blue, LA 11,229 92 1.0x
Larose, LA 6,652 88 1.0x
Gray, LA 6,208 87 1.0x
Schriever, LA 5,639 88 1.0x
Chackbay, LA 5,404 91 1.0x

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