Cost of Living in Ferriday, LA

With a cost of living index of 62, Ferriday, LA is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 12% below the Louisiana state average of 74. Ferriday is a small community of 3,126 residents.

Housing costs are the biggest factor in Ferriday's cost of living. The median monthly rent is $786 (40% below the US median of $1,319), and the median home value sits at $86,600 (72% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Ferriday is $27,167, which is 64% lower than the national median of $75,149. Residents spend roughly 35% 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.