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Erath, LA vs Gray, LA

67
Erath
Louisiana
VS
-13.9%
78
Gray
Louisiana

Erath is moderately more affordable than Gray, with a 13.9% lower cost of living index. Erath scores 67 compared to 78 for Gray, where the US average is 100. This difference means residents of Gray can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Erath is $835/month compared to $1,118/month in Gray — a 25% difference. Home values follow the same pattern: Erath is more affordable at $133,700 median vs $155,200.

Median household income in Erath is $45,526 compared to $57,472 in Gray (-20.8%). While Gray is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Erath spend roughly 22% of their income on rent, less than the 23.3% in Gray.

Income & Cost

Cost of Living Index
Erath
67
14% cheaper
Gray
78
Median Household Income
Erath
$45,526
Gray
$57,472
21% higher

Housing

Median Rent
Erath
$835
25% cheaper
Gray
$1,118
Median Home Value
Erath
$133,700
14% cheaper
Gray
$155,200
Population
Erath
1,865
Gray
5,524

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Erath $2.85
Gray $2.85
US $3.07
🥚
Eggs (grade A, large)
Erath $2.33
Gray $2.33
US $2.50
🥛
Milk (whole)
Erath $3.74
Gray $3.74
US $4.03
🍞
Bread (white)
Erath $1.72
Gray $1.72
US $1.85
🍗
Chicken breast
Erath $3.85
Gray $3.85
US $4.14
Electricity
Erath $0.14
Gray $0.14
US $0.19