Financial Profile: Louisiana
Financial landscape, tax rates, cost of living, and median income scoring for Louisiana residents.
Louisiana at a Glance
Avg Salary
$50,000
Cost of Living
91
Top Tax Rate
4.2%
Adjusted Income
$54,945
Monthly Take-Home
$3,336
Max Rent (30%)
$1,250
Financial Genome at Median Income
Scores calculated for someone earning $50,000/yr in Louisiana with typical expenses.
PPI
40
C
FPI
25
F
LRS
56
C+
REW
30
D
Living in Louisiana: Financial Overview
Louisiana has graduated income tax rates from 1.85% to 4.25%, with rates decreasing in recent years.
- Low cost of living
- Oil & gas industry jobs
- Tax rates decreasing
Major Cities
New Orleans, Baton Rouge, Shreveport, Lafayette
With a cost of living index of 91 (below the national average of 100), your dollar goes further in Louisiana. A $60,000 salary here has the purchasing power equivalent of $65,934 in an average-cost area.
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