Cost of Living in Welcome, LA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
79.8
100 = national avg
-20.2 vs national average
Living Wage (1 Adult)
$35,096
per year
Living Wage (Family of 4)
$82,954
per year
Cost Index by Category
Housing61.8
Food93.1
Transportation86.3
Healthcare94.5
Utilities88.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$702
per month
2 Bedroom
$921
per month
The overall cost of living index in Welcome is 79.8, which is 20.2% below the national average. Housing costs are below the national average at an index of 61.8. A single adult needs to earn approximately $35,096 per year to cover basic expenses.