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Cost of Living in Concordia Parish

Is it better to rent or buy in Concordia 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.

$42,702
$874/mo

Median in area: $874

$107,219

Median in area: $107,219

$21,444

If you Rent

🔑
$1,120 /mo
Base Rent$874
Est. Utilities$246
% of Income31.5%
Pre-tax Residual$2,439

If you Buy

🏠
$901 /mo
P&I (7.173%)$581
Taxes & Ins$74
Est. Utilities$246
% of Income25.3%
Pre-tax Residual$2,658

Compare Nearby Areas

See how Concordia Parish stacks up against neighboring areas.

countyTensas Parish, LA
$574/mo
countyWilkinson County, MS
$626/mo
countyAvoyelles Parish, LA
$723/mo
countyAdams County, MS
$754/mo
countyCatahoula Parish, LA
$782/mo

Cost of Living FAQs

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

Based on median housing data, buying is currently more affordable on a monthly basis in Concordia Parish. The estimated all-in monthly cost for renting is $1,120, while owning a median-priced home with a 20% down payment is roughly $901 per month (a difference of $219).

How much do utilities cost in Concordia Parish?›

The average monthly utility cost (electricity and natural gas) for a typical home in Concordia Parish is approximately $246. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Concordia Parish without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $44,800 per year.