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Metro cost profile · 2024 BEA RPP

Lake Charles, LA

Cost-of-living indicators for Lake Charles, LA, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

85.9
Overall RPP
#372
of 387 metros
51.8
Rents RPP
$116K
$100K national buys

Lake Charles ranks #372 of 387 U.S. metros by cost, and its overall price index has fallen 4.6 points since 2008.

  • falling since 2008
  • similar cost to Jonesboro

The verdict

Lake Charles costs less than 96% of U.S. metros, an overall index of 85.9, 14.1% below the national average, with rents the biggest swing at 51.8.

bottom 4%
by overall cost, nationwide
93.7
goods RPP, tradable items
71.7
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $116,480 here; matching a $100K lifestyle takes roughly $85,852.

Latest BEA release change

What changed from 2023 to 2024

Lake Charles's overall RPP fell -1.2 points, from 87.1 in 2023 to 85.9 in 2024. The largest category movement was rents, changing from 57.1 to 51.8. This is a relative change against the national benchmark, not a household's dollar bill.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 4.6 points over this period. The largest single-year move was in 2009, when the index dropped 3.1 points from the year before.

Lake Charles overall RPP, 2008-2024

Every year on record, national average = 100

Down 4.6 pts
848688909294 20082024 90.5 85.9 ▼ -5.1%
Year Overall
2008 90.5
2009 87.4
2010 89.5
2011 90.5
2012 90.6
2013 91.2
2014 90.6
2015 91.3
2016 91.2
2017 91.8
2018 89.4
2019 89.9
2020 91.2
2021 90.6
2022 89.5
2023 87.1
2024 85.9

Lake Charles vs every U.S. metro

Where this metro sits in the national cost distribution

86 Bottom 4% higher than 4% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). This entry sits in this band. 88–92: 94 US metros (24%). Above this entry. 92–96: 97 US metros (25%). Above this entry. 96–100: 55 US metros (14%). Above this entry. 100–104: 54 US metros (14%). Above this entry. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Lake Charles cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Lake Charles's cost structure is housing-led: rents at 51.8 depart furthest from 100, while services sits at 71.7. This is a rent-sensitive profile, not a claim that every local expense moves together.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where Lake Charles's cost comes from

Metros near Lake Charles's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 93.8, rents 53.8). Lake Charles is cheaper than its peers on both housing and goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 92949698100102 4045505560 Goods RPP (tradable items) → Rents RPP (housing) → Lake CharlesJonesboroFort SmithMcAllenJohnstownLawtonAnniston
Crosshairs sit at the group median (goods 93.8, rents 53.8). Lake Charles is cheaper than its peers on both housing and goods. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • Lake Charles (Lake Charles, this metro): goods RPP 93.7, rents RPP 51.8
  • Jonesboro: goods RPP 93.6, rents RPP 53.8
  • Fort Smith: goods RPP 93.6, rents RPP 53.4
  • McAllen: goods RPP 93.8, rents RPP 55.9
  • Johnstown: goods RPP 100.7, rents RPP 42.3
  • Lawton: goods RPP 93.8, rents RPP 57.4
  • Anniston: goods RPP 96.4, rents RPP 54.7

Price Index Summary

Overall

85.9

Cheap

Goods

93.7

Below avg

Services

71.7

Cheap

Rents

51.8

Cheap

Housing-led affordability profile

How Lake Charles's cost structure works

Housing is the strongest affordability offset in Lake Charles: rents index at 51.8, the component furthest below the national benchmark. That does not make every local expense low, but it is the clearest explanation for the metro's overall RPP of 85.9.

Across all reported metros, the closest component-profile matches are Houma-Bayou Cane-Thibodaux, LA, Shreveport-Bossier City, LA, Alexandria, LA. They resemble Lake Charles across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.

Across 2008-2024, Lake Charles's overall index has fallen by 4.6 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.

Salary Equivalent

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

$85,852

in Lake Charles, LA purchasing power

$50,000 nationally
$42,926
$75,000 nationally
$64,389
$125,000 nationally
$107,315
$150,000 nationally
$128,778
$200,000 nationally
$171,704

Use the salary calculator for custom amounts.

Affordability score

A
96/100

How far the median local paycheck goes here, combining income and housing cost

Purchasing power
Not reported
Housing affordability A
96th percentile

A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.

LA-relative analysis

Goods prices places Lake Charles, LA near the bottom of LA's metros

Among the 10 LA metros PlainCost tracks with reported goods prices data, Lake Charles, LA ranks #1 - the 0th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Lake Charles, LA only against its own state's metros, not the full US field.

Goods prices
#1 of 10
0th percentile in LA
Services prices
#3 of 10
70th percentile in LA
Rent prices
#7 of 10
30th percentile in LA

Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within LA only, not a livability score.

Nationwide metros with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Lake Charles, LA: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

Decision peers

Metros with a similar cost mix

These metros are closest to Lake Charles's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.

Metros with Similar Cost of Living

These metros have an overall RPP closest to Lake Charles, LA's index of 85.9.

Showing the 6 closest of 387 metro areas tracked nationally.

Shareable PlainCost cost snapshot for Lake Charles cost of living snapshot

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Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.

What this means for Lake Charles

How to read Lake Charles's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $116,480 in Lake Charles. Salary calculator
  • Start with rents: it indexes at 51.8, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
  • Compare Lake Charles head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Lake Charles, LA?

Lake Charles, LA has a Regional Price Parity (RPP) index of 85.9, meaning it is 14.1% less expensive than the national average. Goods are indexed at 93.7, services at 71.7, and rents at 51.8. It ranks #372 out of 387 U.S. metro areas by overall cost.

What salary do I need in Lake Charles, LA to match $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $85,852 in Lake Charles, LA. Conversely, $100K earned in Lake Charles, LA has the purchasing power of $116,480 at the national average.

How expensive is rent in Lake Charles, LA?

Rents in Lake Charles, LA are indexed at 51.8, which is 48.2% below the national average. This makes the area relatively affordable for renters.

Is Lake Charles, LA getting more expensive?

From 2008 to 2024, Lake Charles, LA's overall cost index changed by -4.6 points (from 90.5 to 85.9). The cost of living has been declining.

What costs the most in Lake Charles, LA?

The priciest category in Lake Charles, LA is goods at 93.7, 6.3% below the national average, still the highest of the three categories. The most affordable category is rents at 51.8, 48.2% below average.

What metros have a similar cost of living to Lake Charles, LA?

Metros with the most similar overall cost index include Jonesboro, Fort Smith, McAllen-Edinburg-Mission. These areas have RPP values within a few points of Lake Charles, LA's 85.9.

Data sourced from official public datasets, Regional Price Parities by Metropolitan Statistical Area (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

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.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.