The cost of living index in Raceland, LA, is notably lower than the nationwide average of 100. Specifically, the overall cost of living in Raceland stands at 88, which is 12% below the average. This reduction is evident across various categories such as housing, groceries, and utilities, making it a more affordable option for potential residents.
The cost of living in Raceland, LA, presents a favorable comparison to the nationwide average, which is set at 100. The housing index in Raceland stands at 82, indicating that housing costs are 18% lower than the national average. This makes it an attractive option for those seeking more affordable living arrangements without sacrificing too much in terms of quality.
Additionally, the grocery index in Raceland is 90, which is 10% lower than the national average. This suggests that residents can enjoy a more budget-friendly grocery shopping experience. Utilities in Raceland are priced at 95, just 5% above the national average, making them relatively affordable. Transportation costs are at 88, which is 12% lower than the national average, offering savings for those who rely on personal vehicles. Healthcare costs are slightly above average at 92, which is only 8% higher, indicating that medical expenses remain manageable. Finally, miscellaneous costs are at 85, which is 15% lower than the national average, providing additional savings in everyday expenses. Overall, Raceland offers a cost of living that is notably lower than the national average in several key areas.