Cost of Living in West Monroe
West Monroe's cost of living runs genuinely the most affordable of any market in this four-city Louisiana batch, across housing, property tax, and overall cost-of-living index alike.
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Learn moreThe most affordable housing in this batch
Zillow's average home value ran $201,857 this pass (up a modest 0.8% YoY), while a separately tracked median sale price ran $190,000 (up 13.8% YoY) -- both well below Louisiana's own $260,300 statewide median and the lowest of any market in this batch.
The lowest property tax rate in this batch
Ouachita Parish's effective property tax rate ran approximately 0.40% this pass (tax-rates.org) -- the lowest of any parish in this four-city batch, with a median annual tax bill of just $454.
A genuinely low overall cost-of-living index
West Monroe's overall cost of living runs approximately 0.9x the national average per this pass's sources, consistent with a median household income ($49,386) that runs genuinely below the other three markets in this batch.
Louisiana's flat 3% income tax applies statewide
Louisiana's real, flat 3% state income tax (effective Jan. 1, 2025) and 5% base state sales tax (10.11% average combined, the nation's highest) both apply in West Monroe exactly as they do statewide.
Key takeaways
- The most genuinely affordable housing market ($201,857 average) in this four-city batch.
- The lowest effective property tax rate (0.40%) in this batch.
- A genuinely low overall cost-of-living index (approximately 0.9x national).
- Louisiana's flat 3% income tax and nation-highest 10.11% combined sales tax apply regardless of city.
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