LA · Rank 36 of 50 affordable
Can teachers afford to live in Louisiana?
Tight, but workable.
The average Louisiana teacher earns $53,614 per year. A typical 2-bedroom rents for about $1,547/mo, which is 35% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$53,614
Cost-of-Living Index
91
US avg = 100
Affordability Score
35/100
Renting in Louisiana
2BR Rent / mo
$1,547
Annual Rent
$18,564
% of Salary
35%
Left after rent
$2,921/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Louisiana
Median Home Price
$382,200
10% Down
$38,220
P&I (7%, 30yr)
$2,289/mo
Full PITI
$2,750/mo
Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.
Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.