Ferriday, LA vs Fifth Ward, LA

There is a significant gap in the cost of living between these two cities. Ferriday is 24.2% cheaper than Fifth Ward. With a cost index of 62 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ferriday to Fifth Ward should plan for substantially higher expenses across most categories.

Renters will find that Ferriday has a median rent of $786/month while Fifth Ward comes in at $875/month, a 10% difference.

Median household income in Ferriday is $27,167 compared to $49,788 in Fifth Ward (-45.4%). While Fifth Ward is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ferriday spend roughly 34.7% of their income on rent, more than the 21.1% in Fifth Ward. The Fifth Ward ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.