Cost of Living in New Roads, LA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

71.9

100 = national avg

-28.1 vs national average

Living Wage (1 Adult)

$31,631

per year

Living Wage (Family of 4)

$74,764

per year

Cost Index by Category

Housing
56.0
Food
86.7
Transportation
73.4
Healthcare
89.4
Utilities
83.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,064

per month

2 Bedroom

$1,204

per month

The overall cost of living index in New Roads is 71.9, which is 28.1% below the national average. Housing costs are below the national average at an index of 56.0. A single adult needs to earn approximately $31,631 per year to cover basic expenses.