Cost of Living in Belcher, LA

With a cost of living index of 77, Belcher, LA is a very affordable place to live. Living here is 23% cheaper than the national average and 3% above the Louisiana state average of 74. Belcher is a small community of 261 residents.

Housing costs are the biggest factor in Belcher's cost of living. The median monthly rent is $1,078 (18% below the US median of $1,319), and the median home value sits at $170,300 (44% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Belcher is $80,500, which is 7% higher than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Shreveport-Bossier City, 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.