Total monthly cost of ownership
Cost to Own a Home in Livonia, Louisiana
A $198,000 home here costs
$1,692per 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 $72,500 a year.
A standard mortgage calculator would have told you $1,079. The real number is $612 higher every month, 57% more than the payment most buyers budget for.
Compare Pointe Coupee Parish with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Livonia from a five-year rolling sample, and with about 1,161 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Pointe Coupee Parish figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Livonia against Pointe Coupee Parish and Louisiana
| Measure | Livonia | Pointe Coupee Parish |
|---|---|---|
| Median home value | $197,700 | $174,500 |
| Median property tax | $547 | $491 |
| Effective tax rate | 0.277% | 0.281% |
| Median gross rent | $758 | $794 |
| Population | 1,161 | 20,438 |
The weather behind that power bill
Livonia sits in Pointe Coupee Parish, which averages a high of 92.4°F in its hottest month and a low of 41.9°F in its coldest, with 58.54" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,940 cooling and 1,522 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Pointe Coupee Parish , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pointe Coupee Parish
Full Pointe Coupee Parish cost breakdown · Every county in Louisiana
Talk to someone who works this market
These are Livonia 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 Livonia every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Livonia I already own here and may sell
Common questions
How much does it cost to own a home in Livonia?
A $198,000 home in Livonia, Louisiana costs approximately $1,692 per month with 20% down at 7.24%. That is $1,079 principal and interest, $46 property tax, $179 homeowners insurance, $223 utilities and $165 set aside for maintenance.
What is the property tax rate in Livonia?
Livonia has an effective property tax rate of 0.277%, based on a median home value of $197,700 and median real estate taxes of $547. That is in line with the Pointe Coupee Parish average of 0.281%.
What is the average home price in Livonia?
The median owner-occupied home value in Livonia, Louisiana is $197,700, against $174,500 across Pointe Coupee Parish.
Is it cheaper to rent or buy in Livonia?
Median gross rent in Livonia is $758 a month, against $1,692 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 Livonia?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Livonia, Louisiana at today's rate takes a household income of roughly $72,500 a year. That covers the full $1,692 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Livonia, 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.