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Started By
Message
Cost of living: Texas vs Lousiana.
Posted on 8/17/19 at 10:18 am
Posted on 8/17/19 at 10:18 am
I decided to start a separate post to discuss the difference.
Let's assume a middle class fellow whose wife is a teacher. They are pulling in about $150,000 a year in total and live in a $350,000 house.
Property tax would be about $7000 in Texas vs about $2600 in Louisiana.
Income Tax would be ZERO in Texas and about $6500 in Louisiana.
To insure a car, the average Texan pays approximately $1,000 less PER car for equal coverage. Texas requires 30/60/15 coverage.
Homeowners insurance on average in Texas is $1,000 less than Louisiana. This is exclusive of flood insurance.
In Louisiana you are more likely to have to spend $6,000 to $20,000 grand a year per kid for K-12.
You are two and half times more likely to get murdered in Louisiana and have a life expectancy of three less years in Louisiana so you may have to save less to retire but will pay more for life insurance.
I still live in Louisiana and it is a struggle that I would probably be better off avoiding. I stay here in spite of common sense as well as having married a xenophobic girl from Uptown who thinks nowhere else exists.
Let's assume a middle class fellow whose wife is a teacher. They are pulling in about $150,000 a year in total and live in a $350,000 house.
Property tax would be about $7000 in Texas vs about $2600 in Louisiana.
Income Tax would be ZERO in Texas and about $6500 in Louisiana.
To insure a car, the average Texan pays approximately $1,000 less PER car for equal coverage. Texas requires 30/60/15 coverage.
Homeowners insurance on average in Texas is $1,000 less than Louisiana. This is exclusive of flood insurance.
In Louisiana you are more likely to have to spend $6,000 to $20,000 grand a year per kid for K-12.
You are two and half times more likely to get murdered in Louisiana and have a life expectancy of three less years in Louisiana so you may have to save less to retire but will pay more for life insurance.
I still live in Louisiana and it is a struggle that I would probably be better off avoiding. I stay here in spite of common sense as well as having married a xenophobic girl from Uptown who thinks nowhere else exists.
This post was edited on 8/17/19 at 10:19 am
26
Posted on 8/17/19 at 10:20 am to Anaximander
Texas hands down unless you are moving to West Texas, or 50 miles out of the major metropolitan areas.
This post was edited on 8/17/19 at 11:11 am
Posted on 8/17/19 at 10:21 am to Anaximander
We seriously need a Louisiana discussion board
Posted on 8/17/19 at 10:21 am to Anaximander
You'll get a lot of house anywhere outside of New Orleans for $350,000 in LA.
That's starter home money in Austin and won't get you into the nice parts of Houston or Dallas either. You can buy a super generic house for $350,000 in their suburbs and send your kids to great schools though.
Texas property taxes are HIGH, but at least you can look and say I'm getting something for my money.
That's starter home money in Austin and won't get you into the nice parts of Houston or Dallas either. You can buy a super generic house for $350,000 in their suburbs and send your kids to great schools though.
Texas property taxes are HIGH, but at least you can look and say I'm getting something for my money.
Posted on 8/17/19 at 10:24 am to Anaximander
I’d be completely fine leaving Louisiana. I just wouldnt want to live in Texas. I love how the argument is always LA or Texas. There are other places to live.
Houston and Dallas are two of the most soul-less and boring places to live. I cant imagine anywhere less I’d want to spend my 20s.
Every person I know who lives there always has to defend that they live there. Someone living in Nashville, Boston, or DC doesnt have to deal with that because they arent living in lifeless shells of cities.
Houston and Dallas are two of the most soul-less and boring places to live. I cant imagine anywhere less I’d want to spend my 20s.
Every person I know who lives there always has to defend that they live there. Someone living in Nashville, Boston, or DC doesnt have to deal with that because they arent living in lifeless shells of cities.
Posted on 8/17/19 at 10:25 am to tlsu15
quote:
You'll get a lot of house anywhere outside of New Orleans for $350,000 in LA.
That's starter home money in Austin and won't get you into the nice parts of Houston or Dallas either. You can buy a super generic house for $350,000 in their suburbs and send your kids to great schools though.
Texas property taxes are HIGH, but at least you can look and say I'm getting something for my money.
And the property taxes in Louisiana are rising in the cities at a steady clip.
Posted on 8/17/19 at 10:26 am to Anaximander
quote:my house cost more than this
live in a $350,000 house.
quote:yet my property tax is far lower than this
bout $2600 in Louisiana
your numbers aren't adding up
Posted on 8/17/19 at 10:27 am to Babble
If you get bored in Dallas or Houston, there is zero chance you'd be stimulated anywhere in LA except New Orleans.
Posted on 8/17/19 at 10:28 am to Anaximander
Just west of Fort Worth, you can get a 2200 sq for house for less than $250k on close to an acre. Austin is California junior at this point. Same with Dallas.
Is your $1,000 less per car for a 6 month policy or a year? Guessing a year.
Is your $1,000 less per car for a 6 month policy or a year? Guessing a year.
Posted on 8/17/19 at 10:29 am to Anaximander
I plan to move to the Frisco area within the next 5 years
Posted on 8/17/19 at 10:30 am to WhiskeyThrottle
quote:has to be a year, otherwise car insurance would be free in texas according to him
Is your $1,000 less per car for a 6 month policy or a year? Guessing a year.
Posted on 8/17/19 at 10:30 am to bee Rye
quote:
quote:
live in a $350,000 house.
my house cost more than this
quote:
bout $2600 in Louisiana
yet my property tax is far lower than this
your numbers aren't adding up
Where do you live?
Posted on 8/17/19 at 10:30 am to Anaximander
quote:Metry
Where do you live?
Posted on 8/17/19 at 10:31 am to WhiskeyThrottle
You can get a really nice house in the Houston burbs for $350k. Way nicer than shite at that price in Metairie. I own a townhouse in first ward that I rent that’s worth a little more than that and again, nicer than anything at that price in Metairie.
Dallas sucks so can’t speak to it. Austin has gotten crazy but still great values in San Antonio and other areas of the hill country. Prices are rising though because the secret is out
Dallas sucks so can’t speak to it. Austin has gotten crazy but still great values in San Antonio and other areas of the hill country. Prices are rising though because the secret is out
Posted on 8/17/19 at 10:34 am to bee Rye
Posted on 8/17/19 at 10:35 am to tlsu15
quote:
That's starter home money in Austin
Not even that. If you have kids and want to live in a good school district you're not getting a house for 350k that's worth a damn.
Posted on 8/17/19 at 10:35 am to ulsaint
quote:that's debatable. Most of the $350k homes in Houston suburbs were built by the national homebuilders (DSLD, Pulte Homes, DR Horton, etc) and they build shitty homes that all look the same with the cheapest possible materials. For the most part, homebuilders in Metaire are going to be smaller outfits and have less of a cookie cutter feel to them
You can get a really nice house in the Houston burbs for $350k. Way nicer than shite at that price in Metairie
Posted on 8/17/19 at 10:40 am to Anaximander
You left out the higher sales tax in Louisiana and shitty roads causing you to spend more for vehicle maintenance.
Posted on 8/17/19 at 10:40 am to MLCLyons
quote:
Not even that. If you have kids and want to live in a good school district you're not getting a house for 350k that's worth a damn.
Yeah the good school districts inside the city are going to be expensive. You can still own a home here for less than $400K though. The areas further south and away from downtown haven’t hit the crazy high prices yet.
Posted on 8/17/19 at 10:45 am to bee Rye
Where are they actually building new homes in Metairie? Seems pretty well developed already to me.
Hey I hope prices keep going up. I’m about to sell a house I own there.
Hey I hope prices keep going up. I’m about to sell a house I own there.
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