Cost of Living in Oil City, LA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
40.5
100 = national avg
-59.5 vs national average
Living Wage (1 Adult)
$17,828
per year
Living Wage (Family of 4)
$42,140
per year
Cost Index by Category
Housing27.6
Food63.3
Transportation26.6
Healthcare70.6
Utilities63.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$982
per month
2 Bedroom
$1,111
per month
The overall cost of living index in Oil City is 40.5, which is 59.5% below the national average. Housing costs are below the national average at an index of 27.6. A single adult needs to earn approximately $17,828 per year to cover basic expenses.