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Cost of Living in Alexandria, LA

Population 44,060 · Census ACS 2020–2024 5-year estimates

Median rent$931
Median home value$183,700
Median household income$47,113

The median rent in Alexandria, LA is $931/month, 12% lower than the Louisiana median and 34% lower than the U.S. median. The median home value is $183,700, 45% lower than the national median. Households earn a median of $47,113 a year, 22% lower than the state median.

Affordability

Rent as a share of median income: 23.7%
Income needed for median rent (30% rule): $37,240/yr
Home price-to-income ratio: 3.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $929/mo

Run your own numbers: mortgage calculator · hourly to salary

Alexandria vs. Louisiana vs. U.S.

AlexandriaLouisianaU.S.
Median rent$931$1,064$1,413
Median home value$183,700$216,500$332,700
Median household income$47,113$60,756$80,734
Homeownership rate51.9%67.4%65.2%
Bachelor's degree or higher25.3%27.0%35.7%
Poverty rate27.0%18.9%12.5%
Unemployment rate5.2%6.3%5.2%
Work from home5.1%8.1%15.1%
Median age37.638.038.9

FAQ

What is the average rent in Alexandria, LA?

The median gross rent in Alexandria, LA is $931 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Alexandria, LA?

Using the common 30% rule, renting a median-priced home takes about $37,240 a year in gross income.

Is Alexandria, LA expensive to live in?

Rent there is 34% lower than the U.S. median, and the median home costs about 3.9 times the median household income.

Other cities in Louisiana

New Orleans, LARent $1,251 · Income $56,631Baton Rouge, LARent $1,067 · Income $49,994Shreveport, LARent $987 · Income $48,699Metairie, LARent $1,175 · Income $73,042Lafayette, LARent $1,100 · Income $61,915Lake Charles, LARent $1,109 · Income $59,235

Cities with a similar cost of living

Albany, GARent $931 · Income $47,240Anderson, INRent $925 · Income $46,909Asheboro, NCRent $906 · Income $47,197Hot Springs, ARRent $914 · Income $47,760Immokalee, FLRent $941 · Income $48,144Shelby, NCRent $945 · Income $48,376

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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