Cost of Living in Clarks, LA
Population: 708 | Louisiana
Clarks is 41% less expensive than the national average.
Cost of Living in Clarks, LA: What You Need to Know
With a cost of living index of 59, Clarks, LA is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 15% below the Louisiana state average of 74. Clarks is a small community of 708 residents.
Housing costs are the biggest factor in Clarks's cost of living. The median monthly rent is $780 (41% below the US median of $1,319), and the median home value sits at $56,800 (81% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.
The median household income in Clarks is $28,938, which is 61% lower than the national median of $75,149. Residents spend roughly 32% 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
- $28,938
- vs US Median ($75,149)
- -61%
Housing
- Median Rent
- $780/mo
- Median Home Value
- $56,800
- Median Monthly Housing Cost
- $720/mo