Hammond, LA vs Terrytown, LA

Hammond is moderately more affordable than Terrytown, with a 5.6% lower cost of living index. Hammond scores 77 compared to 82 for Terrytown, where the US average is 100. This difference means residents of Terrytown 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 $1,065/month in Terrytown — a 13% difference. Interestingly, home values tell a different story: while Hammond has cheaper rent, Terrytown actually has lower median home values ($212,000 vs $219,400).

Median household income in Hammond is $41,222 compared to $56,944 in Terrytown (-27.6%). While Terrytown 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 22.4% in Terrytown.