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Cost of Living in Caldwell Parish

Is it better to rent or buy in Caldwell Parish? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$53,935
$985/mo

Median in area: $985

$99,208

Median in area: $99,208

$19,842

If you Rent

🔑
$1,183 /mo
Base Rent$985
Est. Utilities$198
% of Income26.3%
Pre-tax Residual$3,312

If you Buy

🏠
$810 /mo
P&I (7.125%)$535
Taxes & Ins$77
Est. Utilities$198
% of Income18.0%
Pre-tax Residual$3,685

Compare Nearby Areas

See how Caldwell Parish stacks up against neighboring areas.

countyWinn Parish, LA
$792/mo
countyLaSalle Parish, LA
$686/mo
countyOuachita Parish, LA
$1,023/mo
countyFranklin Parish, LA
$764/mo
countyRichland Parish, LA
$907/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Caldwell Parish?›

Based on median housing data, buying is currently more affordable on a monthly basis in Caldwell Parish. The estimated all-in monthly cost for renting is $1,183, while owning a median-priced home with a 20% down payment is roughly $810 per month (a difference of $373).

How much do utilities cost in Caldwell Parish?›

The average monthly utility cost (electricity and natural gas) for a typical home in Caldwell Parish is approximately $198. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Caldwell Parish?›

To comfortably afford the median rent and utilities in Caldwell Parish without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $47,320 per year.