Houma, LA vs Woodmere, LA
Houma is moderately more affordable than Woodmere, with a 11.3% lower cost of living index. Houma scores 79 compared to 89 for Woodmere, where the US average is 100. This difference means residents of Woodmere can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Houma is $1,011/month compared to $1,374/month in Woodmere — a 26% difference. Interestingly, home values tell a different story: while Houma has cheaper rent, Woodmere actually has lower median home values ($187,000 vs $207,900).
Median household income in Houma is $54,637 compared to $73,615 in Woodmere (-25.8%). While Woodmere is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Houma spend roughly 22.2% of their income on rent, less than the 22.4% in Woodmere.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area