Cost of Living in Folsom, LA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.9
100 = national avg
-17.1 vs national average
Living Wage (1 Adult)
$36,471
per year
Living Wage (Family of 4)
$86,203
per year
Cost Index by Category
Housing89.3
Food85.2
Transportation70.5
Healthcare88.2
Utilities89.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,130
per month
2 Bedroom
$1,331
per month
The overall cost of living index in Folsom is 82.9, which is 17.1% below the national average. Housing costs are below the national average at an index of 89.3. A single adult needs to earn approximately $36,471 per year to cover basic expenses.