Cost of Living in Dodson, LA
Population: 261 | Louisiana
Dodson is 22% less expensive than the national average.
Cost of Living in Dodson, LA: What You Need to Know
With a cost of living index of 78, Dodson, LA is a very affordable place to live. Living here is 22% cheaper than the national average and 4% above the Louisiana state average of 74. Dodson is a small community of 261 residents.
The median household income in Dodson is $34,115, which is 55% lower than the national median of $75,149. Residents spend roughly 25% 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
- $34,115
- vs US Median ($75,149)
- -55%
Housing
- Median Rent
- $717/mo
- Median Monthly Housing Cost
- $607/mo