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Cost of Living in St. Martin Parish

Is it better to rent or buy in St. Martin 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.

$57,549
$887/mo

Median in area: $887

$168,609

Median in area: $168,609

$33,722

If you Rent

🔑
$1,074 /mo
Base Rent$887
Est. Utilities$187
% of Income22.4%
Pre-tax Residual$3,722

If you Buy

🏠
$1,304 /mo
P&I (7.147%)$911
Taxes & Ins$206
Est. Utilities$187
% of Income27.2%
Pre-tax Residual$3,492

Compare Nearby Areas

See how St. Martin Parish stacks up against neighboring areas.

countySt. Landry Parish, LA
$849/mo
countySt. Mary Parish, LA
$863/mo
countyLafayette Parish, LA
$1,075/mo
countyIberville Parish, LA
$886/mo
countyIberia Parish, LA
$968/mo

Cost of Living FAQs

Is it cheaper to rent or buy in St. Martin Parish?›

Based on median housing data, renting is currently more affordable on a monthly basis in St. Martin Parish. The estimated all-in monthly cost for renting is $1,074, while owning a median-priced home with a 20% down payment is roughly $1,304 per month (a difference of $230).

How much do utilities cost in St. Martin Parish?›

The average monthly utility cost (electricity and natural gas) for a typical home in St. Martin Parish is approximately $187. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in St. Martin Parish?›

To comfortably afford the median rent and utilities in St. Martin Parish without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $42,960 per year.