Cost of Living in Jefferson Parish, Louisiana

$1,162/mo

Median Monthly Rent

$243,500

Median Home Value

33% above state averageUnaffordable

At a Glance

Median Monthly Rent

$1,162/mo

33% above state average

Median Home Value

$243,500

14% below national

Rent-to-Income Ratio

31.0%

% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating

Unaffordable

Rent over 50% of income

How Jefferson Parish Compares

Median monthly rent comparison

Jefferson Parish$1,162/mo

Louisiana Average$873/mo

National Median$1,163/mo

Detailed Housing Stats

$1,162/mo

Median Gross Rent

$243,500

Median Home Value

$1,070/mo

Monthly Owner Cost

31.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Jefferson Parish, Louisiana

Jefferson Parish: higher costs, near-national incomes

At 21.4%, Jefferson Parish's rent-to-income ratio exceeds the national average and Louisiana's state average, signaling tighter affordability. However, with a median household income of $65,246, the parish comes closest to the national median ($74,755) among these eight Louisiana counties, providing some income cushion for higher housing costs.

Most expensive Louisiana parish in this group

Jefferson Parish ranks among Louisiana's least affordable parishes for renters, with a 21.4% rent-to-income ratio exceeding the state average of 19.5%. Its median rent of $1,162/month—33% above the state average—reflects the urban pressure of proximity to New Orleans.

Urban pricing with suburban distance

At $1,162/month, Jefferson Parish rents top this group and nearly match Lafayette Parish ($1,022), reflecting urban and suburban demand near New Orleans. Home values ($243,500) exceed most rural parishes but remain moderate compared to major metro areas.

Renters pay 21.4%; homeowners pay steep monthly costs

The median renter allocates $1,162 monthly to housing—21.4% of a $65,246 household income—the highest burden in this group. Homeowners face similar pressure at $1,070/month, reflecting the parish's position as the costliest market among these eight counties.

Jefferson Parish for those prioritizing metro access

Expect to pay premium housing costs for proximity to New Orleans jobs, culture, and services—your highest income potential in the group partly offsets the 21.4% rent burden. Consider this parish only if metro access justifies the elevated housing expenses.

Affordability Calculator

See how your income compares to housing costs in Jefferson Parish

Your Annual Household Income

Rent Burden

21.4%

of gross income

Max Housing (28% Rule)

$1,522

per month

Owner Cost Burden

19.7%

of gross income

The median home in Jefferson Parish may be a stretch

Median home value is $243,500. Estimated monthly cost: $1,944 vs. your max of $1,522.

Rent Affordability Guide

Your rent-to-income ratio21.4%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Jefferson Parish, Louisiana?

Jefferson Parish, Louisiana has a median monthly rent of $1,162/mo and a median home value of $243,500. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.

What is the median rent in Jefferson Parish?

The median gross rent in Jefferson Parish is $1,162/mo. This is 33% above state average for Louisiana.

Is Jefferson Parish affordable?

Jefferson Parish is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Jefferson Parish's rent compare to the state average?

Jefferson Parish's median rent of $1,162/mo is 33% above state average of $873/mo for Louisiana.

What is the median home value in Jefferson Parish?

The median home value in Jefferson Parish, Louisiana is $243,500. This is 14% below the national median home value of $281,900.