Cost of Living in Madisonville, LA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
151.0
100 = national avg
+51.0 vs national average
Living Wage (1 Adult)
$66,435
per year
Living Wage (Family of 4)
$157,027
per year
Cost Index by Category
Housing151.2
Food136.0
Transportation172.0
Healthcare128.8
Utilities131.8
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 Madisonville is 151.0, which is 51.0% above the national average. Housing costs are above the national average at an index of 151.2. A single adult needs to earn approximately $66,435 per year to cover basic expenses.