Cost of Living in Cottonport, LA
Population: 1,777 | Louisiana
Cottonport is 41% less expensive than the national average.
Cost of Living in Cottonport, LA: What You Need to Know
With a cost of living index of 59, Cottonport, 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. Cottonport is a small community of 1,777 residents.
Housing costs are the biggest factor in Cottonport's cost of living. The median monthly rent is $683 (48% below the US median of $1,319), and the median home value sits at $88,900 (71% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.
The median household income in Cottonport is $33,538, which is 55% lower than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. 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
- $33,538
- vs US Median ($75,149)
- -55%
Housing
- Median Rent
- $683/mo
- Median Home Value
- $88,900
- Median Monthly Housing Cost
- $839/mo