Home / Metros /
2024 BEA RPP All 4 categories Federal source

Houma-Bayou Cane-Thibodaux, LA

Cost-of-living indicators for Houma-Bayou Cane-Thibodaux, LA, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 26380 · Data year: 2024 · Rank: #379 of 387

Houma-Bayou Cane-Thibodaux, LA has a cost of living index of 85.1, meaning it's 14.9% less expensive than the national average. Goods cost 6.3% less, services 28.7% less, and rents are 48.7% below average. A $100K national salary has the purchasing power of $117,505 here.

What the Numbers Mean for Houma

Houma ranks #379 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the bottom quartile for cost. With an overall Regional Price Parity of 85.1, Houma-Bayou Cane-Thibodaux, LA is 14.9% less expensive than the national baseline of 100. The gap between Houma's most and least expensive categories — the priciest line item versus rents at 51.3 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $117,505 inside Houma, while a household needs roughly $85,103 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 51.3 — 48.7% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Houma's overall index has fallen by 5.4 points, improving relative affordability. For the 2024 data year, goods are indexed at 93.7 and services at 71.3, meaning everyday spending in Houma is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Houma Cost Index at a Glance

Houma all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10085.1

Houma category breakdown

BEA RPP composition by goods, services, rents, overall

Rents51.311Services71.298Goods93.691Overall85.103

Price Index Summary

Overall

85.1

-14.9 below avg

Goods

93.7

-6.3 below avg

Services

71.3

-28.7 below avg

Rents

51.3

-48.7 below avg

Price Index vs National Average (100)

Overall
National avg

Index 85.1 (-14.9 vs national avg)

Goods
National avg

Index 93.7 (-6.3 vs national avg)

Services
National avg

Index 71.3 (-28.7 vs national avg)

Rents
National avg

Index 51.3 (-48.7 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -48.7% (51.3)
Services -28.7% (71.3)
Overall -14.9% (85.1)
Goods -6.3% (93.7)

Income Adequacy in Houma

Houma income adequacy score

$75,000 median income vs RPP 85.1

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$85,103

in Houma-Bayou Cane-Thibodaux, LA purchasing power

$50,000 nationally
$42,552
$75,000 nationally
$63,827
$125,000 nationally
$106,379
$150,000 nationally
$127,655
$200,000 nationally
$170,206

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 5.4 points over this period.

Year Overall
2008 90.5
2009 89.2
2010 94.5
2011 94.3
2012 95.2
2013 95.8
2014 93.9
2015 94.3
2016 95.1
2017 94.0
2018 89.8
2019 90.9
2020 92.2
2021 88.4
2022 88.4
2023 88.9
2024 85.1

Metros with Similar Cost of Living

These metros have an overall RPP closest to Houma-Bayou Cane-Thibodaux, LA's index of 85.1.

Related Data for Houma

Frequently Asked Questions

What is the cost of living in Houma-Bayou Cane-Thibodaux, LA?
Houma-Bayou Cane-Thibodaux, LA has a Regional Price Parity (RPP) index of 85.1, meaning it is 14.9% less expensive than the national average. Goods are indexed at 93.7, services at 71.3, and rents at 51.3. It ranks #379 out of 387 U.S. metro areas by overall cost.
What salary do I need in Houma-Bayou Cane-Thibodaux, LA to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $85,103 in Houma-Bayou Cane-Thibodaux, LA. Conversely, $100K earned in Houma-Bayou Cane-Thibodaux, LA has the purchasing power of $117,505 at the national average.
How expensive is rent in Houma-Bayou Cane-Thibodaux, LA?
Rents in Houma-Bayou Cane-Thibodaux, LA are indexed at 51.3, which is 48.7% below the national average. This makes the area relatively affordable for renters.
Is Houma-Bayou Cane-Thibodaux, LA getting more expensive?
From 2008 to 2024, Houma-Bayou Cane-Thibodaux, LA's overall cost index changed by -5.4 points (from 90.5 to 85.1). The cost of living has been declining.
What metros have a similar cost of living to Houma-Bayou Cane-Thibodaux, LA?
Metros with the most similar overall cost index include Florence-Muscle Shoals, Wildwood-The Villages, Shreveport-Bossier City. These areas have RPP values within a few points of Houma-Bayou Cane-Thibodaux, LA's 85.1.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page