Cost of Living in Carencro, LA

Population 10,882 · Louisiana · Data vintage 2023

70
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Carencro can reasonably expect a home to cost less than three years of household income — $211,000 against $70,217 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 2.3% points to a labor market well on the tight side of the national distribution.

Geographically, Carencro sits roughly 7 miles north of Lafayette. Median home values run roughly 16% lower than Lafayette's $251,000.

Cost Overview

Housing 69
Rent 70

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Carencro

The median home value in Carencro is $211,200 — 31% below the national median of $305,000. Median rent runs $924/month, 30% lower than the national median of $1,314/month. The median household income of $70,217/year is 6% lower than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. Louisiana's top state income tax rate is 4.3% and the combined sales tax is 9.5%. Overall, Carencro has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.

🏠 Housing

Median Home Value
$211,200
31% below avg
Zillow Home Value
$216,190
Zillow ZHVI
Median Rent
$924/mo
30% below avg
Price-to-Rent Ratio
19.0x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$816
2 BR
$988
3 BR
$1,280
4 BR
$1,513
Owner-occupied 68.3%
Renter-occupied 31.7%

💰 Estimated Monthly Budget

Rent median rent
$924
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,538/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
32.5 min
20% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.8%

Commute Mode

Drove alone
81.9%
Carpooled
2.5%
Public transit
0.4%
Walked
1.3%
Work from home
12.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.3%
Total Sales Tax 9.5%
State rate 4.5%
Avg local rate 5.1%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$70,217
6% below avg
Per Capita Income
$31,927
Unemployment Rate
2.3%
53% below avg
Poverty Rate
17.5%
Labor Force Participation
65.2%

🎓 Education

Bachelor's degree+ 12.6%
Graduate degree 3.3%

👥 Demographics

Median Age 34.2
Male median age 34.7
Female median age 33.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
57.8%
Good air days/yr
112
Max AQI recorded
177
PM2.5 days
186
Ozone days

Frequently Asked Questions

What is the cost of living in Carencro, LA?

Carencro has a cost index of 70 (100 = national average). It is 30% below the national average.

What is average rent in Carencro, LA?

The median gross rent in Carencro is $924 per month based on 2023 Census data.

What is the average home price in Carencro?

The median home value in Carencro is $211,200 according to Zillow and Census data.

What is the median income in Carencro?

The median household income in Carencro is $70,217 per year (2023 ACS 5-year estimates).

What is the sales tax in Carencro, LA?

The combined state and local sales tax rate in Carencro is 9.5%. The Louisiana state income tax top rate is 4.3%.

Is Carencro, LA affordable?

Yes, Carencro is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.

Carencro at a Glance

Population
10,882
Median Income
$70,217
Home Value
$211,200
Median Rent
$924/mo
Unemployment
2.3%
Sales Tax
9.5%
View all cities in Louisiana →
🗺️ County data for Louisiana

Explore county-level cost of living data

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