Hammond, LA vs Houma, LA

Hammond, LA and Houma, LA have a very similar cost of living, with only a 2.3% difference in their overall index. Hammond scores 77 while Houma scores 79 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hammond is $932/month compared to $1,011/month in Houma — a 8% difference. Interestingly, home values tell a different story: while Hammond has cheaper rent, Houma actually has lower median home values ($207,900 vs $219,400).

Median household income in Hammond is $41,222 compared to $54,637 in Houma (-24.6%). While Houma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hammond spend roughly 27.1% of their income on rent, more than the 22.2% in Houma.