Cost of Living in Watson, LA

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

Cost of Living Overview

Overall Index

163.2

100 = national avg

+63.2 vs national average

Living Wage (1 Adult)

$71,793

per year

Living Wage (Family of 4)

$169,692

per year

Cost Index by Category

Housing
119.8
Food
162.7
Transportation
225.5
Healthcare
150.2
Utilities
141.6

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 Watson is 163.2, which is 63.2% above the national average. Housing costs are above the national average at an index of 119.8. A single adult needs to earn approximately $71,793 per year to cover basic expenses.