Cost of Living in Spearsville, LA

With a cost of living index of 76, Spearsville, LA is a very affordable place to live. Living here is 24% cheaper than the national average and in line with the Louisiana state average. Spearsville is a small community of 165 residents.

The median household income in Spearsville is $50,938, which is 32% lower than the national median of $75,149. 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 Spearsville. The area sees an average annual temperature of 64.2°F, with summers averaging 81°F and winters around 47°F. Annual rainfall totals 52.1 inches spread over roughly 104 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Monroe, 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.