Total monthly cost of ownership
Cost to Own a Home in Eunice, Louisiana
A $121,000 home here costs
$1,109per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $47,500 a year.
A standard mortgage calculator would have told you $660. The real number is $449 higher every month, 68% more than the payment most buyers budget for.
Compare St. Landry Parish with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Eunice against St. Landry Parish and Louisiana
| Measure | Eunice | St. Landry Parish |
|---|---|---|
| Median home value | $120,600 | $142,900 |
| Median property tax | $199 | $425 |
| Effective tax rate | 0.165% | 0.297% |
| Median gross rent | $778 | $742 |
| Population | 9,261 | 82,128 |
Eunice extends across 2 counties. Figures here use St. Landry Parish, where most of its housing sits.
The weather behind that power bill
Eunice sits in St. Landry Parish, which averages a high of 92.0°F in its hottest month and a low of 41.4°F in its coldest, with 61.63" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,698 cooling and 1,467 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for St. Landry Parish , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in St. Landry Parish
Full St. Landry Parish cost breakdown · Every county in Louisiana
Talk to someone who works this market
These are Eunice averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Eunice every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Eunice I already own here and may sell
Common questions
How much does it cost to own a home in Eunice?
A $121,000 home in Eunice, Louisiana costs approximately $1,109 per month with 20% down at 7.24%. That is $660 principal and interest, $17 property tax, $109 homeowners insurance, $223 utilities and $101 set aside for maintenance.
What is the property tax rate in Eunice?
Eunice has an effective property tax rate of 0.165%, based on a median home value of $120,600 and median real estate taxes of $199. That is lower than the St. Landry Parish average of 0.297%.
What is the average home price in Eunice?
The median owner-occupied home value in Eunice, Louisiana is $120,600, against $142,900 across St. Landry Parish.
Is it cheaper to rent or buy in Eunice?
Median gross rent in Eunice is $778 a month, against $1,109 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Eunice?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Eunice, Louisiana at today's rate takes a household income of roughly $47,500 a year. That covers the full $1,109 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Eunice, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Louisiana.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.