The cost of living index in Minden, LA, shows a generally lower cost compared to the nationwide average, which is set at 100. Minden's housing index is 79, indicating that housing costs are 21% lower than the average. Other categories like groceries, utilities, and healthcare also fall below the national average, making Minden an attractive location for those seeking a more affordable lifestyle.
The cost of living in Minden, LA, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Minden stand at 79, indicating that residents can expect to pay about 21% less than the national average. This lower housing index can be a significant advantage for those looking to settle in Minden, as it provides more affordability in one of the most critical areas of living expenses.
In other categories, Minden also shows competitive figures. For groceries, the cost of living index is 90, which is only 10% below the national average. Utilities, at 95, are just 5% below the average, making them nearly on par with the rest of the country. Transportation costs are slightly lower, with an index of 88, meaning residents spend about 12% less on getting around. Healthcare costs are also slightly below average, with an index of 94, indicating a 6% savings. Lastly, miscellaneous expenses, which include items like entertainment and personal care, are at 85, showing a 15% reduction compared to the national average. Overall, Minden offers a cost-effective living environment in several key areas.