Cost of Living in Lake Providence, LA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
61.0
100 = national avg
-39.0 vs national average
Living Wage (1 Adult)
$26,848
per year
Living Wage (Family of 4)
$63,460
per year
Cost Index by Category
Housing61.4
Food68.9
Transportation57.8
Healthcare75.1
Utilities73.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$647
per month
2 Bedroom
$834
per month
The overall cost of living index in Lake Providence is 61.0, which is 39.0% below the national average. Housing costs are below the national average at an index of 61.4. A single adult needs to earn approximately $26,848 per year to cover basic expenses.