Cost of Living in Ama, LA
Population: 1,473 | Louisiana
Ama is 16% less expensive than the national average.
Cost of Living in Ama, LA: What You Need to Know
With a cost of living index of 84, Ama, LA is a very affordable place to live. Living here is 16% cheaper than the national average and 10% above the Louisiana state average of 74. Ama is a small community of 1,473 residents.
Housing costs are the biggest factor in Ama's cost of living. The median monthly rent is $1,151 (13% below the US median of $1,319), and the median home value sits at $213,300 (30% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.
The median household income in Ama is $70,652, which is 6% lower than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the New Orleans-Metairie, LA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $70,652
- vs US Median ($75,149)
- -6%
Housing
- Median Rent
- $1,151/mo
- Median Home Value
- $213,300
- Median Monthly Housing Cost
- $710/mo
Everyday Prices in Ama
BLS Average Prices for the New Orleans-Metairie, LA (Metropolitan Statistical Area) area