Broussard, LA vs Elmwood, LA

Broussard is moderately more affordable than Elmwood, with a 7.6% lower cost of living index. Broussard scores 85 compared to 92 for Elmwood, where the US average is 100. This difference means residents of Elmwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Broussard is $982/month compared to $1,474/month in Elmwood — a 33% difference. Interestingly, home values tell a different story: while Broussard has cheaper rent, Elmwood actually has lower median home values ($188,300 vs $301,000).

Median household income in Broussard is $116,613 compared to $83,268 in Elmwood (+40%). Broussard offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Broussard spend roughly 10.1% of their income on rent, less than the 21.2% in Elmwood.