CostIndexUSA

Bloomington, IN vs Lake Charles, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IN
Bloomington
95.1
overall index
$1,550/mo rent
More AffordableLA
Lake Charles
85.9
overall index
$1,150/mo rent

Lake Charles is moderately cheaper than Bloomington — 9.7% lower overall cost of living.

To match an $80,000 salary in Bloomington, you would need $72,300 in Lake Charles. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing39.5%
Bloomington
85.6
Lake Charles
51.8
🛒 Groceries0.6%
Bloomington
94.3
Lake Charles
93.7
🚗 Transportation3.5%
Bloomington
104.1
Lake Charles
100.5
🏥 Healthcare3.5%
Bloomington
94.2
Lake Charles
90.9
Utilities17.1%
Bloomington
86.5
Lake Charles
71.7

Salary Equivalency Calculator

Enter your current salary in Bloomington to see what you'd need to earn in Lake Charles to maintain the same purchasing power.

$
Equivalent salary in Lake Charles, LA
$72,300
$7,700 less needed in Lake Charles

Formula: salary × (85.9 ÷ 95.1) = salary × 0.9033. Based on BEA Regional Price Parities.

Housing Market

Bloomington, IN

Median Home Price
$288,000
Median Monthly Rent
$1,550
Housing Index
85.6
Price-to-Rent Ratio
15.5×

Lake Charles, LA

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
51.8
Price-to-Rent Ratio
13.8×

Bloomington has 39.5% lower housing costs compared to Lake Charles.

Income & Job Market

Bloomington, IN

Median Household Income
$58,700
Per Capita Income
$33,500
Unemployment Rate
4.4%
Population
79,168
Top Industries
EducationHealthcareTechnologyGovernmentRetail

Lake Charles, LA

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
4%
Population
77,403
Top Industries
EnergyPetrochemicalsHealthcareGamingManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bloomington, IN
3.2×income-to-rent ratio

68% of income left after rent (median)

Lake Charles, LA
4.7×income-to-rent ratio

79% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.