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Cost of Living in Red River Parish

Is it better to rent or buy in Red River 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.

$48,635
$780/mo

Median in area: $780

$115,773

Median in area: $115,773

$23,155

If you Rent

🔑
$995 /mo
Base Rent$780
Est. Utilities$215
% of Income24.6%
Pre-tax Residual$3,058

If you Buy

🏠
$933 /mo
P&I (7.065%)$620
Taxes & Ins$98
Est. Utilities$215
% of Income23.0%
Pre-tax Residual$3,120

Compare Nearby Areas

See how Red River Parish stacks up against neighboring areas.

countyBossier Parish, LA
$1,262/mo
countyCaddo Parish, LA
$999/mo
countyBienville Parish, LA
$544/mo
countyDe Soto Parish, LA
$728/mo
countyNatchitoches Parish, LA
$799/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Red River Parish?›

Based on median housing data, buying is currently more affordable on a monthly basis in Red River Parish. The estimated all-in monthly cost for renting is $995, while owning a median-priced home with a 20% down payment is roughly $933 per month (a difference of $62).

How much do utilities cost in Red River Parish?›

The average monthly utility cost (electricity and natural gas) for a typical home in Red River Parish is approximately $215. This estimate uses local utility rate schedules combined with median energy consumption profiles.

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

To comfortably afford the median rent and utilities in Red River Parish without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $39,800 per year.