Housing costs in Merrydale?
A typical home costs
$115,300, which is 65.9% less expensive than the national average of
$338,100 and 37.6% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Merrydale costs
$980 per month, which is 2.0% cheaper than the national average of
$1,000 and close to the state average of
$990.
Can I afford Merrydale?
To live comfortably in Merrydale (zip 70812), Louisiana, a minimum annual income of
$21,960 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Merrydale?
The cost of living in 70812 Merrydale, LA is relatively high compared to the national average. The median home value is $235,800, which is significantly higher than the US median of $176,700. Additionally, the overall cost of goods and services in this zip code is 17.6% higher than the nation's average. Renters will find that Merrydale's rent prices are above average as well; a one bedroom apartment averages around $1,100 per month. Despite these higher costs, many people still choose to live in Merrydale due to its close proximity to larger cities and its desirable amenities.