Cost of Living in Hammond, LA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
83.9
100 = national avg
-16.1 vs national average
Living Wage (1 Adult)
$36,901
per year
Living Wage (Family of 4)
$87,220
per year
Cost Index by Category
Housing100.9
Food81.5
Transportation63.0
Healthcare85.2
Utilities89.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$848
per month
2 Bedroom
$1,099
per month
The overall cost of living index in Hammond is 83.9, which is 16.1% below the national average. Housing costs are above the national average at an index of 100.9. A single adult needs to earn approximately $36,901 per year to cover basic expenses.