Cost of Living in Choctaw, LA
Population: 433 | Louisiana
Choctaw is 24% less expensive than the national average.
Cost of Living in Choctaw, LA: What You Need to Know
With a cost of living index of 76, Choctaw, LA is a very affordable place to live. Living here is 24% cheaper than the national average and in line with the Louisiana state average. Choctaw is a small community of 433 residents.
The median household income in Choctaw is $77,813, which is 4% higher than the national median of $75,149.
Everyday prices in the Houma-Bayou Cane-Thibodaux, 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
- $77,813
- vs US Median ($75,149)
- +4%
Housing
- Median Home Value
- $56,900
- Median Monthly Housing Cost
- $319/mo
Everyday Prices in Choctaw
BLS Average Prices for the Houma-Bayou Cane-Thibodaux, LA (Metropolitan Statistical Area) area