Cost of Living in Baldwin, LA
Population: 1,694 | Louisiana
Baldwin is 30% less expensive than the national average.
Cost of Living in Baldwin, LA: What You Need to Know
With a cost of living index of 70, Baldwin, LA is one of the most affordable cities in the country. Living here is 30% cheaper than the national average and 4% below the Louisiana state average of 74. Baldwin is a small community of 1,694 residents.
Housing costs are the biggest factor in Baldwin's cost of living. The median monthly rent is $946 (28% below the US median of $1,319), and the median home value sits at $127,000 (58% below the national median of $304,900). At current prices, the median home costs roughly 4.3x the median household income — a moderately affordable ratio by today's standards.
The median household income in Baldwin is $29,592, which is 61% lower than the national median of $75,149. Residents spend roughly 38% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $29,592
- vs US Median ($75,149)
- -61%
Housing
- Median Rent
- $946/mo
- Median Home Value
- $127,000
- Median Monthly Housing Cost
- $800/mo