Waggaman, LA Cost Of Living
Cost Of Living In Waggaman, LA Summary
Cost of living in Waggaman 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 Waggaman 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 Waggaman is 91, with 100 being the average.
The cost of living index in Waggaman is 0.9x lower than the national average.
Waggaman ranks as the #55 cheapest in Louisiana out of 109.
Waggaman ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Waggaman is $115,500.
The median income in Waggaman is $43,673.
Table Of Contents
Waggaman's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Waggaman, LA?
According to the most recent data on the cost of living, Waggaman has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Waggaman has a cost of living index that's 1.0x lower than Louisiana's index of 92.
The standard of living in Waggaman ranks as #55 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Waggaman ranks as the #54 most expensive place in the Pelican State.
For more reading on life in Waggaman, check out:
- Living In Waggaman
- Search Homes For Sale In Waggaman, LA
In Louisiana
In America
Waggaman Cost Of Living Vs. Louisiana
Six factors go into calculating the cost of living index in Waggaman. Here is how it fairs on each of the criteria:
The Services index in Waggaman is 106.
The Groceries index in Waggaman is 101.
The Health index in Waggaman is 118.
The Housing index in Waggaman is 76.
The Transportation index in Waggaman is 100.
The Utilities index in Waggaman is 77.
| Living Expense | Waggaman | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 91 | 92 | 100 | |
| Services | 106 | 96 | 100 | |
| Groceries | 101 | 96 | 100 | |
| Health | 118 | 99 | 100 | |
| Housing | 76 | 83 | 100 | |
| Transportation | 100 | 96 | 100 | |
| Utilities | 77 | 86 | 100 | |
Waggaman, 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 Waggaman is $115,500.
The Median Rent in Waggaman is $1,314.
The Median Income in Waggaman is $43,673.
The Home Value To Income in Waggaman is 2.6x.
The Rent To Monthly Income in Waggaman is 0.36x.
| Statistic | Waggaman | Louisiana | United States |
|---|---|---|---|
| Median Home Value | $115,500 | $174,000 | $244,900 |
| Median Rent | $1,314 | $923 | $1,163 |
| Median Income | $43,673 | $53,571 | $69,021 |
| Home Value To Income | 2.6x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.36x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Waggaman, LA Costs By Category
Detailed Waggaman Services Costs Vs. Louisiana
Detailed Waggaman Groceries Costs Vs. Louisiana
Detailed Waggaman Health Costs Vs. Louisiana
Detailed Waggaman Transportation Costs Vs. Louisiana
Detailed Waggaman Utilities Costs Vs. Louisiana
Waggaman SnackAbility
/10
Cost Of Living In Cities Around Waggaman
The cost of living varies in the cities and towns around Waggaman. Here's a quick look at the cost of living in the most populous nearby places:
New Orleans, LA has a cost of living index of 100, 1.1x Waggaman.
Metairie, LA has a cost of living index of 102, 1.1x Waggaman.
Kenner, LA has a cost of living index of 99, 1.1x Waggaman.
| City | Population | Cost Of Living | Vs. Waggaman |
|---|---|---|---|
| New Orleans, LA | 383,974 | 100 | 1.1x |
| Metairie, LA | 140,590 | 102 | 1.1x |
| Kenner, LA | 66,411 | 99 | 1.1x |
| Marrero, LA | 31,928 | 90 | 1.0x |
| Chalmette, LA | 21,981 | 94 | 1.0x |
| Harvey, LA | 20,942 | 92 | 1.0x |
| Gretna, LA | 17,836 | 97 | 1.1x |
| Estelle, LA | 17,650 | 96 | 1.1x |
| River Ridge, LA | 13,435 | 106 | 1.2x |
| Jefferson, LA | 10,500 | 99 | 1.1x |
