Cost of Living in Lake Providence, LA
Population 3,424 · Louisiana · Data vintage 2023
(100 = US avg)
At $24,670, median household incomes in Lake Providence land roughly 67% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 41% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.
Located 65 miles northwest of Jackson, Lake Providence is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 30% lower than Jackson's $108,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lake Providence
The median home value in Lake Providence is $75,200 — 75% below the national median of $305,000. Median rent runs $762/month, 42% lower than the national median of $1,314/month. The median household income of $24,670/year is 67% lower than the US median of $74,580. The local unemployment rate is 11.4%, 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 76.7°F and lows of 55.6°F. Overall, Lake Providence has a cost of living index of 38 versus the US average of 100, meaning it is 62% less expensive.
Lake Providence 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 | 57 | 62 | 70 | 77 | 84 | 90 | 93 | 93 | 88 | 79 | 68 | 60 |
| Low °F | 38 | 42 | 49 | 56 | 64 | 71 | 73 | 72 | 66 | 54 | 44 | 40 |
| Precip" | 5.44 | 5.11 | 5.02 | 5.96 | 3.85 | 3.74 | 4.05 | 3.75 | 3.00 | 4.13 | 3.92 | 5.38 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Lake Providence, LA?
Lake Providence has a cost index of 38 (100 = national average). It is 62% below the national average.
What is average rent in Lake Providence, LA?
The median gross rent in Lake Providence is $762 per month based on 2023 Census data.
What is the average home price in Lake Providence?
The median home value in Lake Providence is $75,200 according to Zillow and Census data.
What is the median income in Lake Providence?
The median household income in Lake Providence is $24,670 per year (2023 ACS 5-year estimates).
What is the sales tax in Lake Providence, LA?
The combined state and local sales tax rate in Lake Providence is 9.5%. The Louisiana state income tax top rate is 4.3%.
Is Lake Providence, LA affordable?
Yes, Lake Providence is generally considered affordable, with a cost of living index of 38 — about 62% below the US national average of 100.
What is the weather like in Lake Providence?
Lake Providence has average high temperatures of 76.7°F and average lows of 55.6°F. Annual precipitation is 53.4". Data from NOAA 1991–2020 Climate Normals.
Lake Providence at a Glance
- Population
- 3,424
- Median Income
- $24,670
- Home Value
- $75,200
- Median Rent
- $762/mo
- Unemployment
- 11.4%
- Avg High Temp
- 76.7°F
- Sales Tax
- 9.5%
Explore county-level cost of living data