Cost of Living in Reeves, LA

With a cost of living index of 63, Reeves, LA is one of the most affordable cities in the country. Living here is 37% cheaper than the national average and 11% below the Louisiana state average of 74. Reeves is a small community of 140 residents.

Housing costs are the biggest factor in Reeves's cost of living. The median monthly rent is $678 (49% below the US median of $1,319), and the median home value sits at $137,500 (55% 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 Reeves is $43,125, which is 43% lower than the national median of $75,149. Residents spend roughly 19% 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 Reeves. The area sees an average annual temperature of 69.7°F, with summers averaging 83°F and winters around 55°F. Annual rainfall totals 59.7 inches spread over roughly 108 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.