Louisiana by the numbers

A decision-oriented profile: what it costs to live here, what the job market looks like, and how it stacks up against where you are now. Every figure identifies its source and vintage.

Price level (all items)88.2−11.8% vs US avg · rank 47/51 BEA RPP SARPP. Source: BEA Regional Price Parities · SARPP · 2024 vintage · released February 19, 2026 · Official API
Unemployment4.4%July 2026 (prelim.) BLS LAUS LAUS. Source: BLS Local Area Unemployment Statistics · LAUS · July 2026 vintage · released Aug. 21, 2026 · Official API
Median rent$1,064/moCensus ACS ACS5. Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API
Median home value$216,500Census ACS ACS5. Source: US Census ACS 5-Year Estimates · ACS5 · 2024 vintage · released December 2025 · Official API

The bottom line on Louisiana

The cost-of-living picture

Overall prices in Louisiana run at 88.2 on the BEA index, where 100 is the US average — among the most affordable states in the country. That puts it 12% below the national level, the 5th-cheapest state of 51. The single biggest factor is housing rents, which sits at 63.1 — 37% below the national norm.

Housing

The typical renter pays $1,064 a month — 25% below the national median of $1,413, the 37th-highest rent in the country. Buying is a bigger gap: the median home is worth $216,500, 35% below the national median. 67.4% of homes are owner-occupied, making it roughly typical in its owner/renter split. The statewide median gross-rent-to-income ratio is 32.8%, above the commonly used 30% cost-burden threshold. Owner-occupied homes report median real estate taxes of $1,180 a year; that figure is context for owners, not a household-specific tax quote.

Do paychecks keep up with prices?

Median household income is $60,756, the 49th-highest of 51 states. But income only matters relative to prices: adjusted for local costs, that is worth $68,884 in national-average terms. Its rank barely moves after adjusting for costs, so pay and prices here are broadly in step.

The tax trade-off

Income is taxed through a single flat rate, topping out at 3.00%. Combined sales tax averages 10.11%. These headline rates do not by themselves measure a household's total tax burden. (Tax figures are hand-verified from the Tax Foundation and dated on the page below.)

The job market

Unemployment stands at 4.4% (July 2026), 0.3 percentage points above the national rate of 4.1%. That tracks the national labor market closely. It is also the one figure here that refreshes monthly, rather than annually.

Every figure above is drawn from the published data on this page. Missing values are never modeled or filled in.

What it costs to live here

Price level by component, 100 = US average. Higher means more expensive than the national average.

Regional price parity by component for Louisiana.
ComponentLouisianavs US avg
All items88.2−11.8%
Housing rents63.1−36.9%
Goods93.7−6.3%
Utilities71.5−28.5%
Other services95.7−4.3%

BEA Regional Price Parities · SARPP · 2024 · rel. February 19, 2026 · Official API

Housing & income (ACS)

Median gross rent$1,064/mo ±$8
Median home value$216,500 ±$1,367
Median household income$60,756/yr ±$408
Homeownership rate67.4%
Median rent as % of income32.8% ±0.5%
Median owner costs as % of income15.6% ±0.2%
Median real estate taxes paid$1,180/yr ±$13

The ± values are Census 90% margins of error. Property-tax figures cover owner-occupied homes and are not estimates for a particular property.

US Census ACS 5-Year Estimates · ACS5 · 2024 · rel. December 2025 · Official API

The job market

The seasonally-adjusted unemployment rate in Louisiana is 4.4% as of July 2026 (preliminary). This is the one figure here that updates monthly.

BLS Local Area Unemployment Statistics · LAUS · July 2026 · rel. Aug. 21, 2026 · Official API

How much prices vary within Louisiana

BEA metro price levels for metropolitan areas that include part of Louisiana. Cross-state metros may appear in more than one state.

Metro areaAll itemsHousing rentsvs US
Monroe, LA83.642.8−16.4%
Hammond, LA84.548.2−15.5%
Shreveport-Bossier City, LA84.852.3−15.2%
Houma-Bayou Cane-Thibodaux, LA85.151.3−14.9%
Alexandria, LA85.753.7−14.3%
Lake Charles, LA85.951.8−14.1%
Lafayette, LA87.258.8−12.8%
Baton Rouge, LA90.874.2−9.2%
New Orleans-Metairie, LA92.686.0−7.4%
Slidell-Mandeville-Covington, LA92.785.4−7.3%

BEA Regional Price Parities by metro area · MARPP · 2024 · rel. February 19, 2026 · Official API

Compare all US metro areas →

How the statewide price level has changed

BEA Regional Price Parity over time. This shows prices relative to the US average in each year; it is not a consumer-price inflation series.

89.091.093.020082016202488.2
Data table
YearLouisiana
200891.5
200990.2
201092.2
201192.7
201292.9
201392.9
201493.4
201592.8
201693.6
201792.4
201890.8
201991.2
202091.1
202191.4
202290.5
202388.7
202488.2

BEA Regional Price Parities · SARPP · 2024 · rel. February 19, 2026 · Official API

Housing and jobs over complete calendar years

Home prices (FHFA index)

Home prices in Louisiana are up 73% since 2005 (FHFA index). That trails the national 95% — home values here have grown slower than the country as a whole.

265463661200520152025378
Louisiana United States
Data table
YearLouisianaUS
2005219362
2006240379
2007247375
2008245348
2009243330
2010242324
2011241313
2012244315
2013246328
2014254345
2015262362
2016273382
2017279403
2018282422
2019292443
2020303471
2021333556
2022355616
2023354648
2024363683
2025378707

Unemployment rate

The annual unemployment rate peaked at 8.7% in 2020; the latest complete-year average is 4.3% for 2024 — a long recovery from that high.

1%5%9%2005201520244.3%
Louisiana United States
Data table
YearLouisianaUS
20057.1%5.1%
20064.1%4.6%
20074.1%4.6%
20084.7%5.8%
20096.7%9.3%
20107.4%9.6%
20117.3%8.9%
20126.7%8.1%
20136.4%7.4%
20146.2%6.2%
20156.3%5.3%
20166%4.9%
20175.1%4.4%
20184.8%3.9%
20194.6%3.7%
20208.7%8.1%
20215.6%5.4%
20223.6%3.7%
20233.7%3.6%
20244.3%4%

FRED (FHFA House Price Index & state unemployment) · FRED · through 2024 · rel. continuously updated · Official API

What you'd pay in tax

Hand-curated · last verified 2026-07-20 · tax year 2026
Individual income tax3.00% top rate (flat)
Sales tax (state)5.00%
Sales tax (combined avg)10.11%

Tax Foundation — 2026 State Individual Income Tax Rates and Brackets · Income · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Tax Foundation — State and Local Sales Tax Rates, 2026 · Sales · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Compare taxes across all states →

How it compares to where you are now

See how far your income would go here versus your current state — adjusted for what things actually cost.

Compare your income in Louisiana →

Where Louisiana ranks

Sources for every figure on this page

Occupation wages are available for selected roles in the salary comparison. See the methodology →