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Cost of Living in Livingston Parish

Is it better to rent or buy in Livingston 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.

$80,545
$1,158/mo

Median in area: $1,158

$232,268

Median in area: $232,268

$46,454

If you Rent

🔑
$1,382 /mo
Base Rent$1,158
Est. Utilities$224
% of Income20.6%
Pre-tax Residual$5,330

If you Buy

🏠
$1,759 /mo
P&I (7.154%)$1,256
Taxes & Ins$279
Est. Utilities$224
% of Income26.2%
Pre-tax Residual$4,954

Compare Nearby Areas

See how Livingston Parish stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in Livingston Parish?

Based on median housing data, renting is currently more affordable on a monthly basis in Livingston Parish. The estimated all-in monthly cost for renting is $1,382, while owning a median-priced home with a 20% down payment is roughly $1,759 per month (a difference of $377).

How much do utilities cost in Livingston Parish?

The average monthly utility cost (electricity and natural gas) for a typical home in Livingston Parish is approximately $224. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Livingston Parish?

To comfortably afford the median rent and utilities in Livingston Parish without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $55,280 per year.