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New Iberia, LA

Cost of living in Iberia Parish, LA

Estimated monthly cost
$2,630/mo
for a single person, all categories combined

Population 69,194 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $732 28%
Healthcare $480 18%
Federal tax $450 17%
Transport $320 12%
Groceries $315 12%
Energy $186 7%
State tax $92 3%
Water $55 2%

Rent in Iberia Parish

Fair Market Rents by bedroom count.

Studio
$714
per month
1 bedroom
$732
per month
2 bedroom
$920
per month
3 bedroom
$1,174
per month
4 bedroom
$1,545
per month

Source: HUD FMR FY2025

Income and earnings in Iberia Parish

Annual earnings figures from the Census ACS.

Household income
$57,811
per year
Individual earnings
$37,576
per year
Per capita
$29,664
per year

Source: ACS 2019-2023 5-Year.

Home values in Iberia Parish

Average values reported by homeowners.

Average home value
$156,000
Annual property tax
$547

Source: ACS 2019-2023 5-Year

Energy costs in Iberia Parish

Estimated monthly electricity and gas costs.

Electricity
$152
per month · 12.7¢/kWh
Natural gas
$34
per month
Annual total
$2,232
per year

Source: EIA

Healthcare in Iberia Parish

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
7.4%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Iberia Parish

State and local tax rates for Louisiana.

State income tax
4.3%
Top marginal rate
State sales tax
4.5%
Combined sales tax
9.6%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Iberia Parish

Commute patterns and estimated costs.

Average commute
25.6 min
Drive alone
82.9%
Public transit
0.3%
Work from home
6.0%

Source: ACS

Monthly cost estimates for Iberia Parish

What it costs to live in Iberia Parish each month.

Single person
$2,630
per month
  • Rent $732
  • Energy $186
  • Water $55
  • Groceries $315
  • Transport $320
  • Healthcare $480
  • Federal tax $450
  • State tax $92
Couple
$3,786
per month
  • Rent $920
  • Energy $223
  • Water $65
  • Groceries $522
  • Transport $420
  • Healthcare $864
  • Federal tax $616
  • State tax $156
Family
$6,162
per month
  • Rent $1,174
  • Energy $279
  • Water $75
  • Groceries $792
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $616
  • State tax $156

Frequently asked questions about Iberia Parish

Common questions about cost of living, rent and salary.

What is the average rent in Iberia Parish?

In Iberia Parish, LA, a one-bedroom apartment averages $732 per month, a two-bedroom averages $920 per month, a three-bedroom averages $1,174 per month, according to HUD Fair Market Rent data.

What is the average salary in Iberia Parish?

In Iberia Parish, LA, the average household income is $57,811 per year and individual earnings for full-time workers average $37,576 per year, according to U.S. Census Bureau data.

What is the cost of living in Iberia Parish?

The estimated cost of living in Iberia Parish, LA is approximately $2,630 per month for a single person, $3,786 for a couple, $6,162 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Iberia Parish?

The combined sales tax rate in Iberia Parish, LA is 9.55%, which includes the Louisiana state rate of 4.45% plus an average local rate of 5.10%.

Is Iberia Parish an affordable place to live?

Based on the data, a single person in Iberia Parish, LA would need approximately $2,630 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $57,811 per year ($4,818 per month). Iberia Parish has a moderate cost of living relative to local earnings.

How much does healthcare cost in Iberia Parish?

The ACA marketplace benchmark premium in Iberia Parish, LA is approximately $480 per month for an individual. Approximately 7.4% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Iberia Parish?

The average home value in Iberia Parish, LA is $156,000, with average annual property taxes of $547, according to U.S. Census Bureau data.

How does Iberia Parish compare to other areas?

You can compare Iberia Parish, LA with any other US county using our comparison tool at /compare. Iberia Parish is in the New Iberia, LA metro area.

Other counties in Louisiana

Browse the full list of counties in Louisiana, ranked by cost of living.

See all counties in Louisiana

Compare Iberia Parish with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources