Cost of Living in Montegut, LA

With a cost of living index of 66, Montegut, 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. Montegut is a small community of 1,264 residents.

Housing costs are the biggest factor in Montegut's cost of living. The median monthly rent is $857 (35% below the US median of $1,319), and the median home value sits at $105,000 (66% 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 Montegut is $32,500, which is 57% lower than the national median of $75,149. Residents spend roughly 32% 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.

Climate is another factor for anyone considering a move to Montegut. The area sees an average annual temperature of 68.2°F, with summers averaging 81°F and winters around 54°F. Annual rainfall totals 63.8 inches spread over roughly 125 days.

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.