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Hodge, LA vs Independence, LA

59
Hodge
Louisiana
VS
-16.5%
71
Independence
Louisiana

There is a significant gap in the cost of living between these two cities. Hodge is 16.5% cheaper than Independence. With a cost index of 59 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hodge to Independence should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hodge is $728/month compared to $960/month in Independence — a 24% difference. Home values follow the same pattern: Hodge is more affordable at $75,700 median vs $137,200.

Median household income in Hodge is $48,150 compared to $44,821 in Independence (+7.4%). Hodge offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hodge spend roughly 18.1% of their income on rent, less than the 25.7% in Independence.

Income & Cost

Cost of Living Index
Hodge
59
17% cheaper
Independence
71
Median Household Income
Hodge
$48,150
7% higher
Independence
$44,821

Housing

Median Rent
Hodge
$728
24% cheaper
Independence
$960
Median Home Value
Hodge
$75,700
45% cheaper
Independence
$137,200
Population
Hodge
685
Independence
2,045

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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