Laplace, LA

Very Low · 71

Louisiana · Population 28,480 · Updated March 2026

$1,097
Median Rent / Month
$68,028
Median Income
$188,900
Median Home Value
$1,108
Owner Costs / Month

Affordability

How far your income goes in Laplace

19.4%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Louisiana

State-level tax rates that affect your costs

4.25%
Income Tax (Top Rate)
4.45%
Sales Tax
0.55%
Property Tax Rate

Estimated Annual Costs

$13,164
Annual Rent
$2,891
State Income Tax
$1,039
Property Tax (est.)

Cost of Living Overview

Laplace is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 71 (where 100 equals the national median), Laplace residents can expect to pay median rent of $1,097/month while earning a median household income of $68,028/year.

The median home value in Laplace, LA is $188,900, with typical monthly owner costs around $1,108 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.4% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Louisiana has a moderate income tax rate of 4.25%. Combined with a 4.45% sales tax rate and 0.55% effective property tax rate, the overall tax environment is a factor in the total cost of living in Laplace.

Frequently Asked Questions

Common questions about living costs in Laplace

What is the cost of living in Laplace, LA?
The cost of living index in Laplace, LA is 71 (US average = 100). Median monthly rent is $1,097, median household income is $68,028/year, and the median home value is $188,900.
Is Laplace, LA affordable?
Yes, Laplace is more affordable than the national average with a cost index of 71. The rent-to-income ratio is 19.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Laplace, LA?
The median gross rent in Laplace, LA is $1,097 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,164.
What is the median household income in Laplace?
The median household income in Laplace, LA is $68,028 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Louisiana?
Louisiana has a top income tax rate of 4.25%, a sales tax of 4.45%, and an effective property tax rate of 0.55%.