Cost of Living in Minorca, LA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
68.4
100 = national avg
-31.6 vs national average
Living Wage (1 Adult)
$30,108
per year
Living Wage (Family of 4)
$71,165
per year
Cost Index by Category
Housing51.9
Food84.5
Transportation69.1
Healthcare87.6
Utilities81.1
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 Minorca is 68.4, which is 31.6% below the national average. Housing costs are below the national average at an index of 51.9. A single adult needs to earn approximately $30,108 per year to cover basic expenses.