Cost of Living in Elmwood, LA
Population 6,022 · Louisiana · Data vintage 2023
(100 = US avg)
Housing costs in Elmwood stay well under national norms: a median home value of $188,000 against median household incomes of $83,268 gives the city one of the more comfortable price-to-income ratios in Louisiana. Unemployment has stayed elevated relative to the national figure — 6.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located <5 miles south of Metairie, Elmwood falls within that metro's commuting orbit. Median home values run roughly 39% lower than Metairie's $309,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Elmwood
The median home value in Elmwood is $188,300 — 38% below the national median of $305,000. Median rent runs $1,474/month, 12% higher than the national median of $1,314/month. The median household income of $83,268/year is 12% higher than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. Louisiana's top state income tax rate is 4.3% and the combined sales tax is 9.5%. The climate averages highs of 80.7°F and lows of 62.9°F. Overall, Elmwood has a cost of living index of 82 versus the US average of 100, meaning it is 18% less expensive.
Elmwood has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 64 | 68 | 75 | 81 | 88 | 93 | 94 | 94 | 90 | 83 | 73 | 66 |
| Low °F | 47 | 51 | 56 | 62 | 69 | 75 | 77 | 77 | 74 | 65 | 55 | 49 |
| Precip" | 4.95 | 4.14 | 4.60 | 4.99 | 5.39 | 7.37 | 8.77 | 6.80 | 5.72 | 3.58 | 3.78 | 4.51 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Elmwood, LA?
Elmwood has a cost index of 82 (100 = national average). It is 18% below the national average.
What is average rent in Elmwood, LA?
The median gross rent in Elmwood is $1,474 per month based on 2023 Census data.
What is the average home price in Elmwood?
The median home value in Elmwood is $188,300 according to Zillow and Census data.
What is the median income in Elmwood?
The median household income in Elmwood is $83,268 per year (2023 ACS 5-year estimates).
What is the sales tax in Elmwood, LA?
The combined state and local sales tax rate in Elmwood is 9.5%. The Louisiana state income tax top rate is 4.3%.
Is Elmwood, LA affordable?
Yes, Elmwood is generally considered affordable, with a cost of living index of 82 — about 18% below the US national average of 100.
What is the weather like in Elmwood?
Elmwood has average high temperatures of 80.7°F and average lows of 62.9°F. Annual precipitation is 64.6". Data from NOAA 1991–2020 Climate Normals.
Elmwood at a Glance
- Population
- 6,022
- Median Income
- $83,268
- Home Value
- $188,300
- Median Rent
- $1,474/mo
- Unemployment
- 6.5%
- Avg High Temp
- 80.7°F
- Sales Tax
- 9.5%
Nearby Cities
Explore county-level cost of living data
Louisiana Rankings
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