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Cost of Living in Banks Springs, LA

Population: 1,432 | Louisiana

45
Cost of Living Index
US Average = 100

Banks Springs is 55% less expensive than the national average.

26
Housing
23
Home Values
84
Regional Price

Income

Median Household Income
$22,240
vs US Median ($75,149)
-70%

Housing

Median Rent
$340/mo
Median Home Value
$70,400
Median Monthly Housing Cost
$383/mo

Everyday Prices in Banks Springs

BLS Average Prices for the Monroe, LA (Metropolitan Statistical Area) area

$2.85
Gasoline (regular)
per gallon
-7% vs US
🥚
$2.33
Eggs (grade A, large)
per dozen
-7% vs US
🥛
$3.74
Milk (whole)
per gallon
-7% vs US
🍞
$1.72
Bread (white)
per lb
-7% vs US
🍗
$3.85
Chicken breast
per lb
-7% vs US
$0.15
Electricity
per kWh
-23% vs US

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