Louisiana · Census, HUD and BEA figures · Updated

Cost of Living in Iberia Parish, LA

Prices around Iberia Parish, LA run 11.8% below the U.S. average (BEA, Louisiana). The typical household there earns $56,961 a year, and HUD puts a two-bedroom at $905 a month. Keeping that rent under 30% of income takes about $36,200 a year.

Iberia Parish, LA at a glance

Median household income

$56,961$4,747 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$905HUD FY2026 Fair Market Rent
Price level (U.S. = 100)88.2-11.8% · BEA, Louisiana
Electricity13.5¢per kWh · EIA Residential LA
Population68,599Census ACS 5-year estimate

How much rent can you afford in Iberia Parish, LA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$905Monthly market rent
Share of gross income19.1%Recommended max: 30%
Annual income needed$36,200To meet the 30% standard
Max affordable rent$1,424At 30% of $56,961
0%30% (Affordability standard)100%
Compare against:

How much is rent in Iberia Parish, LA? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Iberia Parish, LA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Iberia Parish, LA, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$679$8,148$27,16014.3%
1-Bedroom Apartment$764$9,168$30,56016.1%
2-Bedroom ApartmentBenchmark$905$10,860$36,20019.1%
3-Bedroom Home$1,193$14,316$47,72025.1%
4-Bedroom Home$1,473$17,676$58,92031%

Rent in Iberia Parish, LA, with the wage each unit needs →

What a typical income covers in Iberia Parish, LA

The 50/30/20 rule applied to the local median of $56,961 a year ($4,747 a month before tax).

Needs (50%)$2,373/moRent ($905 2-BR), utilities (~$121/mo), groceries, transit
Wants (30%)$1,424/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$949/moEmergency fund, retirement, paying down loans

What $56,961 leaves after Louisiana taxes

Federal income tax, Social Security, Medicare and Louisiana tax on the local median income. Change the salary to see yours.

$56,961
$20,000$115,000
Filing status:
Gross salary breakdown$56,961
Net 82%
Fed 8%
LA 2%
FICA 8%
Annual take-home$46,626After all taxes
Monthly deposit$3,885Estimated per month
Biweekly paycheck$1,793Every 2 weeks (26/yr)
Effective tax rate18.1%Total tax burden
Federal income tax$4,655 / yr
Louisiana state income tax$1,323 / yr
FICA (Social Security & Medicare)$4,358 / yr

Living in Iberia Parish, LA: common questions

What is the median household income in Iberia Parish, LA?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Iberia Parish, LA is $56,961 per year (approximately $4,747 per month).

What is the average rent in Iberia Parish, LA?

The closest official figure is HUD's Fair Market Rent for 2026: $679 for a studio, $764 for one bedroom, $905 for two, $1,193 for three and $1,473 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Iberia Parish, LA expensive to live in?

Prices there run 11.8% below the U.S. average. BEA's regional price parity for Louisiana is 88.2, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Iberia Parish, LA?

To keep a $905 two-bedroom under 30% of gross income, a household needs about $36,200 a year, or $3,017 a month. That is 64% of what the typical household in Iberia Parish, LA earns.

How much do you need to live comfortably in Iberia Parish, LA?

On the local median income of $56,961 ($4,747 a month before tax), the 50/30/20 rule leaves $2,373 a month for needs like rent, utilities and groceries, $1,424 for everything else and $949 for savings or debt. A two-bedroom at $905 takes 38% of the needs share.

How much is the electric bill in Iberia Parish, LA?

Homes in Louisiana paid 13.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $121. Your bill depends mostly on heating and cooling.