Total monthly cost of ownership
Cost to Own a Home in Lydia, Louisiana
A $136,000 home here costs
$1,170per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $699. The real number is $471 higher every month — 67% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Lydia against Iberia Parish and Louisiana
| Measure | Lydia | Iberia Parish |
|---|---|---|
| Median home value | $136,200 | $156,000 |
| Median property tax | — | $547 |
| Effective tax rate | 0.351% | 0.351% |
| Median gross rent | $1,046 | $891 |
| Population | 1,119 | 69,194 |
The weather behind that power bill
Lydia sits in Iberia Parish, which averages a high of 90.1°F in its hottest month and a low of 42.5°F in its coldest, with 66.79" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,558 cooling and 1,509 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Iberia Parish — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Iberia Parish
Full Iberia Parish cost breakdown · Every county in Louisiana
Common questions
How much does it cost to own a home in Lydia?
A $136,000 home in Lydia, Louisiana costs approximately $1,170 per month with 20% down at 6.66%. That is $699 principal and interest, $40 property tax, $123 homeowners insurance, $195 utilities and $113 set aside for maintenance.
What is the property tax rate in Lydia?
Place-level tax data is not published for Lydia, so the Iberia Parish rate of 0.351% applies here.
What is the average home price in Lydia?
The median owner-occupied home value in Lydia, Louisiana is $136,200, against $156,000 across Iberia Parish.
Is it cheaper to rent or buy in Lydia?
Median gross rent in Lydia is $1,046 a month, against $1,170 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lydia — 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.