Cost of Living in Oak Grove, LA

With a cost of living index of 59, Oak Grove, LA is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 16% below the Louisiana state average of 74. Oak Grove is a small community of 1,328 residents.

Housing costs are the biggest factor in Oak Grove's cost of living. The median monthly rent is $672 (49% 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 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Oak Grove is $35,917, which is 52% lower than the national median of $75,149. Residents spend roughly 22% 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.

Climate is another factor for anyone considering a move to Oak Grove. The area sees an average annual temperature of 66.1°F, with summers averaging 82°F and winters around 50°F. Annual rainfall totals 53.4 inches spread over roughly 109 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

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.