CostIndexUSA

Augusta, GA vs Lake Charles, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

GA
Augusta
91.9
overall index
$1,450/mo rent
More AffordableLA
Lake Charles
85.9
overall index
$1,150/mo rent

Lake Charles is moderately cheaper than Augusta — 6.5% lower overall cost of living.

To match an $80,000 salary in Augusta, you would need $74,800 in Lake Charles. Calculate your salary ↓

Category Breakdown

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

🏠 Housing26.6%
Augusta
70.6
Lake Charles
51.8
🛒 Groceries2.7%
Augusta
96.3
Lake Charles
93.7
🚗 Transportation2.9%
Augusta
103.5
Lake Charles
100.5
🏥 Healthcare2.9%
Augusta
93.6
Lake Charles
90.9
Utilities19.9%
Augusta
89.5
Lake Charles
71.7

Salary Equivalency Calculator

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

$
Equivalent salary in Lake Charles, LA
$74,800
$5,200 less needed in Lake Charles

Formula: salary × (85.9 ÷ 91.9) = salary × 0.9347. Based on BEA Regional Price Parities.

Housing Market

Augusta, GA

Median Home Price
$239,000
Median Monthly Rent
$1,450
Housing Index
70.6
Price-to-Rent Ratio
13.7×

Lake Charles, LA

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

Augusta has 26.6% lower housing costs compared to Lake Charles.

Income & Job Market

Augusta, GA

Median Household Income
$67,200
Per Capita Income
$38,300
Unemployment Rate
5.3%
Population
202,081
Top Industries
MilitaryHealthcareGovernmentManufacturingEducation

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).

Augusta, GA
3.9×income-to-rent ratio

74% 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.