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Erath, LA vs Martin, LA

67
Erath
Louisiana
VS
-17.4%
81
Martin
Louisiana

There is a significant gap in the cost of living between these two cities. Erath is 17.4% cheaper than Martin. With a cost index of 67 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Erath to Martin should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Erath are $133,700 compared to $121,700 in Martin, a 10% gap.

Median household income in Erath is $45,526 compared to $57,684 in Martin (-21.1%). While Martin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Erath
67
17% cheaper
Martin
81
Median Household Income
Erath
$45,526
Martin
$57,684
21% higher

Housing

Median Rent
Erath
$835
Martin
Median Home Value
Erath
$133,700
Martin
$121,700
9% cheaper
Population
Erath
1,865
Martin
674

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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