Cost of Living in Golden Meadow, LA
Population: 1,791 | Louisiana
Golden Meadow is 34% less expensive than the national average.
Cost of Living in Golden Meadow, LA: What You Need to Know
With a cost of living index of 66, Golden Meadow, LA is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 8% below the Louisiana state average of 74. Golden Meadow is a small community of 1,791 residents.
Housing costs are the biggest factor in Golden Meadow's cost of living. The median monthly rent is $764 (42% below the US median of $1,319), and the median home value sits at $140,300 (54% 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 Golden Meadow is $70,701, which is 6% lower than the national median of $75,149. Residents spend roughly 13% 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.
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
- $70,701
- vs US Median ($75,149)
- -6%
Housing
- Median Rent
- $764/mo
- Median Home Value
- $140,300
- Median Monthly Housing Cost
- $776/mo
Everyday Prices in Golden Meadow
BLS Average Prices for the Houma-Bayou Cane-Thibodaux, LA (Metropolitan Statistical Area) area