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Lake Arthur, LA vs Oil City, LA

57
Lake Arthur
Louisiana
VS
-24.6%
75
Oil City
Louisiana

There is a significant gap in the cost of living between these two cities. Lake Arthur is 24.6% cheaper than Oil City. With a cost index of 57 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lake Arthur to Oil City should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Lake Arthur are $77,600 compared to $55,600 in Oil City, a 40% gap.

Median household income in Lake Arthur is $41,333 compared to $17,381 in Oil City (+137.8%). Lake Arthur 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
Lake Arthur
57
25% cheaper
Oil City
75
Median Household Income
Lake Arthur
$41,333
58% higher
Oil City
$17,381

Housing

Median Rent
Lake Arthur
$653
Oil City
Median Home Value
Lake Arthur
$77,600
Oil City
$55,600
28% cheaper
Population
Lake Arthur
2,599
Oil City
941

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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