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Homer, LA vs Oil City, LA

56
Homer
Louisiana
VS
-24.9%
75
Oil City
Louisiana

There is a significant gap in the cost of living between these two cities. Homer is 24.9% cheaper than Oil City. With a cost index of 56 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Homer to Oil City should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Homer are $55,500 compared to $55,600 in Oil City, a 0% gap.

Median household income in Homer is $21,396 compared to $17,381 in Oil City (+23.1%). Homer offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Homer
56
25% cheaper
Oil City
75
Median Household Income
Homer
$21,396
19% higher
Oil City
$17,381

Housing

Median Rent
Homer
$687
Oil City
Median Home Value
Homer
$55,500
Oil City
$55,600
Population
Homer
2,694
Oil City
941

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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