Residing in Louisiana offers a delightful experience, yet it can come with a hefty price tag. The state imposes some of the highest taxes, insurance rates, and utility bills nationwide. Moreover, the costs of housing, food, and transportation vary significantly based on your location within the state.
If you’re seeking a more budget-friendly residence in Louisiana, you may be pleasantly surprised by the available options. Numerous cities and towns in the state provide a low cost of living without compromising on quality of life.
Interestingly, one of these places has been recognized as the most economical location to live in Louisiana by HomeSnacks.
It’s not a bustling metropolis but a quaint town with a population of fewer than 10,000 people. Nestled in the heart of Louisiana amidst forests and farms, this town boasts a rich history, a welcoming community, and vibrant festivals. Additionally, it offers some of the most affordable housing, rental rates, and living expenses in the state.
Eager to discover the identity of this hidden gem in Louisiana? Continue reading to unveil more about this cost-effective haven.
The City That Has Been Named the Cheapest Place to Live in Louisiana
Louisiana boasts a wealth of history, culture, and natural beauty. However, residing in this state, particularly in major cities such as New Orleans and Baton Rouge, can be costly. If you’re seeking a more budget-friendly living option in Louisiana, Oakdale could be a viable choice.
Why Oakdale?
Oakdale, situated in the heart of Louisiana, is a quaint town with approximately 7,500 residents. As per HomeSnacks, it holds the distinction of being the most budget-friendly locale in the entire state.
The average income stands at $32,538, with median rent at $444 and median home value at $69,400. The cost of living index is 19% below the Louisiana average and an impressive 28% below the national average.
Read More: This City Has Been Named the Healthiest Place to Live in Maryland
What to Do in Oakdale?
While Oakdale might lack the extensive attractions and amenities found in larger cities, it still offers a variety of experiences for both residents and visitors.
One notable event is the Louisiana Forest Festival, an annual celebration highlighting the state’s forestry industry and heritage. This festival includes exciting lumberjack competitions, arts and crafts, live music, carnival rides, and more.
Additionally, Oakdale boasts several parks and recreational facilities, such as the Oakdale Community Park, Oakdale Country Club, and Oakdale Sports Complex. Outdoor enthusiasts can partake in activities like hiking, biking, golfing, fishing, and camping in and around the Oakdale area.
Read More: This City Has Been Named the Poorest City in North Carolina
What Are Some Other Affordable Cities in Louisiana?
According to HomeSnacks, some other affordable cities in Louisiana include:
- Scott: With a median home value of $128,800 and median rent of $789, Scott is renowned for its Cajun culture and cuisine, particularly its boudin sausage.
- Patterson: Boasting a median home value of $114,000 and median rent of $692, Patterson is a historic town featuring attractions such as the Wedell-Williams Aviation and Cypress Sawmill Museum.
- Denham Springs: With a median home value of $151,900 and median rent of $1,006, Denham Springs is a suburban city with a lively downtown area that hosts antique shops, art galleries, and festivals.
Read More: This City Has Been Named the Murder Capital of Vemont
Final Words
Oakdale, a petite town in Louisiana, provides exceptional value for those seeking an economical place to reside. With a modest cost of living, an elevated quality of life, and a distinctive culture and history, Oakdale stands out as not only the most budget-friendly locale in the state but also one of the most enchanting and hospitable.
For those considering a move to Oakdale, exploring available homes and apartments is a good starting point. Additionally, immersing oneself in the town’s attractions and events firsthand can be a delightful experience. Discover the unexpected charm of Oakdale, the most cost-effective living option in Louisiana.
