Cost of Living in Gramercy, LA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
109.7
100 = national avg
+9.7 vs national average
Living Wage (1 Adult)
$48,255
per year
Living Wage (Family of 4)
$114,058
per year
Cost Index by Category
Housing124.2
Food100.8
Transportation101.6
Healthcare100.6
Utilities105.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$702
per month
2 Bedroom
$921
per month
The overall cost of living index in Gramercy is 109.7, which is 9.7% above the national average. Housing costs are above the national average at an index of 124.2. A single adult needs to earn approximately $48,255 per year to cover basic expenses.