Ferriday, LA vs Scott, LA
There is a significant gap in the cost of living between these two cities. Ferriday is 16% cheaper than Scott. With a cost index of 62 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ferriday to Scott should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ferriday is $786/month compared to $1,002/month in Scott — a 22% difference. Home values follow the same pattern: Ferriday is more affordable at $86,600 median vs $155,700.
Median household income in Ferriday is $27,167 compared to $54,220 in Scott (-49.9%). While Scott 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 22.2% in Scott. The Scott ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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