Cost of Living in Lafourche Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Lafourche Parish Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Lafourche Parish ranks #1,887 of 3,144 counties for affordability (bottom 40%)
Data Story
About Cost of Living in Lafourche Parish, Louisiana
Lafourche Parish: lowest rent burden in Louisiana group
At 17.6%, Lafourche Parish boasts the lowest rent-to-income ratio among these eight Louisiana counties and well below the national average. The median household income of $63,439 pairs with moderate rents ($933/month) to deliver genuinely affordable housing.
Best housing affordability in Louisiana's eight
Lafourche Parish's 17.6% rent-to-income ratio ranks it among Louisiana's most affordable parishes—beating the state average of 19.5% by 1.9 percentage points. Combined with a median rent of $933/month, right at the state level, this parish delivers exceptional value.
Rural affordability with solid income levels
Lafourche's $933/month rent falls in the middle of the group, but its 17.6% rent ratio is the best here, reflecting relatively strong incomes for a rural-industrial parish. Median home value of $190,800 stays moderate while supporting coastal Louisiana's energy sector jobs.
Renters pay just 17.6%; homeowners get excellent value
The median renter spends $933 monthly—17.6% of a $63,439 household income—the most favorable ratio in this group. Homeowners enjoy even better economics at $706/month, the second-lowest monthly cost among these eight counties.
Lafourche Parish: unbeatable affordability metric
If rent-to-income ratio drives your decision, Lafourche Parish wins among these eight parishes with 17.6%—paired with solid income and homeownership value. The parish's maritime and energy economy provides stable employment supporting this affordability advantage.
Cost of Living Advisory: Lafourche Parish
Affordability Verdict
Lafourche Parish is affordable for renters, with a median gross rent of $933/month representing approximately 17.6% of median household income. The rent burden (GRAPI) stands at 30.0%.
Rent vs. Own
At $933/month rent versus $706/month in owner costs, owning is roughly $227/month cheaper — a 24% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,320/year. For owner costs at the 28% rule, the required income is roughly $30,257/year. With a median household income of $63,439, most households can comfortably afford rent here. Notably, 30.0% of renter households in Lafourche Parish are cost-burdened, spending more than 30% of income on housing.
Regional Context
Lafourche Parish sits 6% more expensive than Beauregard Parish ($882/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Lafourche Parish
Rent Burden
17.6%
of gross income
Max Housing (28% Rule)
$1,480
per month
Owner Cost Burden
13.4%
of gross income
The median home in Lafourche Parish may be a stretch
Median home value is $190,800. Estimated monthly cost: $1,523 vs. your max of $1,480.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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