Cost of Living in Lockport Heights, LA

With a cost of living index of 80, Lockport Heights, LA is a very affordable place to live. Living here is 20% cheaper than the national average and 6% above the Louisiana state average of 74. Lockport Heights is a small community of 1,441 residents.

Housing costs are the biggest factor in Lockport Heights's cost of living. The median monthly rent is $743 (44% below the US median of $1,319), and the median home value sits at $322,900 (6% above the national median of $304,900). At current prices, the median home costs roughly 3.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Lockport Heights is $91,250, which is 21% higher than the national median of $75,149. Residents spend roughly 10% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.