New Orleans, LA Cost Of Living

The latest cost of living statistics for New Orleans. Includes statistics on rent, mortgages, healthcare, and other costs for New Orleans compared to the state and national averages.

Cost of living in New Orleans, Louisiana

Cost of living in New Orleans research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means New Orleans is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Louisiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

108 Cost of living index 1.1x higher vs US
#95 Cheapest in Louisiana (of 103)
#3,347 Cheapest in the U.S. (of 6,489)
$242,492 Median home value
$1,251 Median rent
$56,631 Median income
Not sure New Orleans fits your budget? Try our place-match quiz →

What is the cost of living in New Orleans, LA?

According to the most recent data on the cost of living, New Orleans has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.

Compared to Louisiana, New Orleans has a cost of living index that's 1.2x higher than Louisiana's index of 91.

The standard of living in New Orleans ranks as #95 most affordable out of the 103 places we measured in Louisiana. By definition, that implies New Orleans ranks as the #8 most expensive place in the Pelican State.

For more reading on life in New Orleans, check out:

New Orleans Cost Of Living Vs. Louisiana

Six factors go into calculating the cost of living index in New Orleans. Here is how it fares on each of the criteria:

  • The Services index in New Orleans is 100.

  • The Groceries index in New Orleans is 99.

  • The Health index in New Orleans is 128.

  • The Housing index in New Orleans is 94.

  • The Transportation index in New Orleans is 97.

  • The Utilities index in New Orleans is 96.

Living Expense New Orleans Louisiana National Average
Overall 108 91 100
Services 100 97 100
Groceries 99 97 100
Health 128 82 100
Housing 94 97 100
Transportation 97 99 100
Utilities 96 96 100

New Orleans Cost Of Living Compared To Louisiana Averages

Services
New Orleans 100
Louisiana avg 97
Groceries
New Orleans 99
Louisiana avg 97
Health
New Orleans 128
Louisiana avg 82
Housing
New Orleans 94
Louisiana avg 97
Transportation
New Orleans 97
Louisiana avg 99
Utilities
New Orleans 96
Louisiana avg 96

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Louisiana, check out:

Protect your home budget Compare home warranties in New Orleans Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

New Orleans, LA Housing Cost Breakdown

$242,492Median Home Value
$1,251Median Rent
$56,631Median Income

Housing swings affordability the most between places in Louisiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in New Orleans is $242,492.

  • The Median Rent in New Orleans is $1,251.

  • The Median Income in New Orleans is $56,631.

  • The Home Value To Income in New Orleans is 4.3x.

  • The Rent To Monthly Income in New Orleans is 0.27x.

Statistic New Orleans Louisiana United States
Median Home Value $242,492 $211,634 $332,700
Median Rent $1,251 $1,064 $1,413
Median Income $56,631 $60,756 $80,734
Home Value To Income 4.3x 3.5x 4.1x
Rent To Monthly Income 0.27x 0.21x 0.21x

New Orleans, LA Costs By Category

Detailed New Orleans Services costs vs. Louisiana
Item New Orleans Louisiana
Shampoo $1.22 $1.28
Movie $13.3 $12.13
Bowling $12.33 $18
Haircut $21.67 $24.26
Beauty Salon $43.17 $45.56
Detailed New Orleans Groceries costs vs. Louisiana
Item New Orleans Louisiana
Ground Beef $6.15 $5.84
Fried Chicken $1.39 $1.57
Milk $4.55 $4.67
Potatoes $5.31 $4.93
Pizza $12.61 $12.09
Beer $10.23 $10.41
Toothpaste $3.57 $3.7
Detailed New Orleans Health costs vs. Louisiana
Item New Orleans Louisiana
Optometrist $128.17 $125.68
Doctor $127.78 $135.78
Dentist $129.44 $113.29
Detailed New Orleans Transportation costs vs. Louisiana
Item New Orleans Louisiana
Gasoline $3.14 $3.46
Tire Balancing $68.0 $59.92
Detailed New Orleans Utilities costs vs. Louisiana
Item New Orleans Louisiana
All Electricity $149.86 $193.99
Phone $186.9 $192.25

New Orleans SnackAbility

4Overall SnackAbility
Jobs 4/10
Housing 8/10
Affordability 3/10
Diversity 9/10
Safety 3/10
Amenities 9/10
Education 8/10
Commute 8/10

Cost Of Living In Cities Around New Orleans

The cost of living varies in the cities and towns around New Orleans. Here's a quick look at the cost of living in the most populous nearby places:

  • Metairie, LA has a cost of living index of 104, 1.0x New Orleans.

  • Kenner, LA has a cost of living index of 101, 0.9x New Orleans.

  • Marrero, LA has a cost of living index of 96, 0.9x New Orleans.

City Population Cost Of Living Vs. New Orleans
Metairie, LA 139,729 104 1.0x
Kenner, LA 64,904 101 0.9x
Marrero, LA 32,540 96 0.9x
Terrytown, LA 24,726 95 0.9x
Chalmette, LA 22,616 97 0.9x
Harvey, LA 20,915 98 0.9x
Gretna, LA 17,389 95 0.9x
Estelle, LA 16,341 99 0.9x
Timberlane, LA 10,886 99 0.9x
Westwego, LA 8,335 92 0.9x