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Hammond, LA vs Reserve, LA

77
Hammond
Louisiana
VS
-5.5%
81
Reserve
Louisiana

Hammond is moderately more affordable than Reserve, with a 5.5% lower cost of living index. Hammond scores 77 compared to 81 for Reserve, where the US average is 100. This difference means residents of Reserve can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hammond is $932/month compared to $1,201/month in Reserve — a 22% difference. Interestingly, home values tell a different story: while Hammond has cheaper rent, Reserve actually has lower median home values ($160,400 vs $219,400).

Median household income in Hammond is $41,222 compared to $60,509 in Reserve (-31.9%). While Reserve 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 23.8% in Reserve.

Income & Cost

Cost of Living Index
Hammond
77
6% cheaper
Reserve
81
Median Household Income
Hammond
$41,222
Reserve
$60,509
32% higher

Housing

Median Rent
Hammond
$932
22% cheaper
Reserve
$1,201
Median Home Value
Hammond
$219,400
Reserve
$160,400
27% cheaper
Population
Hammond
20,790
Reserve
7,471

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hammond $2.85
Reserve $2.85
US $3.07
🥚
Eggs (grade A, large)
Hammond $2.33
Reserve $2.33
US $2.50
🥛
Milk (whole)
Hammond $3.74
Reserve $3.74
US $4.03
🍞
Bread (white)
Hammond $1.72
Reserve $1.72
US $1.85
🍗
Chicken breast
Hammond $3.85
Reserve $3.85
US $4.14
Electricity
Hammond $0.14
Reserve $0.15
US $0.19