Cost of Living in Springfield, LA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.0
100 = national avg
-16.0 vs national average
Living Wage (1 Adult)
$36,949
per year
Living Wage (Family of 4)
$87,333
per year
Cost Index by Category
Housing82.0
Food89.5
Transportation79.0
Healthcare91.6
Utilities90.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,064
per month
2 Bedroom
$1,204
per month
The overall cost of living index in Springfield is 84.0, which is 16.0% below the national average. Housing costs are below the national average at an index of 82.0. A single adult needs to earn approximately $36,949 per year to cover basic expenses.