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Cost of Living in Vermilion Parish

Is it better to rent or buy in Vermilion 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.

$61,865
$856/mo

Median in area: $856

$163,002

Median in area: $163,002

$32,600

If you Rent

🔑
$1,054 /mo
Base Rent$856
Est. Utilities$198
% of Income20.4%
Pre-tax Residual$4,101

If you Buy

🏠
$1,268 /mo
P&I (7.096%)$876
Taxes & Ins$194
Est. Utilities$198
% of Income24.6%
Pre-tax Residual$3,887

Compare Nearby Areas

See how Vermilion Parish stacks up against neighboring areas.

countyJefferson Davis Parish, LA
$822/mo
countyLafayette Parish, LA
$1,075/mo
countyAcadia Parish, LA
$733/mo
countyIberia Parish, LA
$968/mo

Cost of Living FAQs

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

Based on median housing data, renting is currently more affordable on a monthly basis in Vermilion Parish. The estimated all-in monthly cost for renting is $1,054, while owning a median-priced home with a 20% down payment is roughly $1,268 per month (a difference of $214).

How much do utilities cost in Vermilion Parish?›

The average monthly utility cost (electricity and natural gas) for a typical home in Vermilion 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 Vermilion Parish?›

To comfortably afford the median rent and utilities in Vermilion Parish without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $42,160 per year.