Cost of Living: Lake Charles, LA vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,268/mo in Lake Charles, LA versus $4,116/mo in New York, NY. In the model, rent is about 15.89% of gross in Lake Charles, LA versus 25.92% in New York, NY, so Lake Charles, LA tends to feel more affordable for rent.

Take-home in Lake Charles, LA
$4,268/mo
Income level: above
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Lake Charles, LA
15.89%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between Lake Charles, LA and New York, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Lake Charles, LA
  • Lower rent (median 1BR/2BR): Lake Charles, LA
  • Lower home prices: Lake Charles, LA
  • Higher median household income: New York, NY

Cost of Living Index

Lake Charles, LA: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Lake Charles, LA has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Lake Charles, LA: $1,036/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $654/mo higher than in Lake Charles, LA.

Median Home Price

Lake Charles, LA: $204,000 · New York, NY: $751,700

Median home price in New York, NY is $547,700 higher than in Lake Charles, LA.

Median Household Income

Lake Charles, LA: $56,864 · New York, NY: $79,713

New York, NY has a higher median household income than Lake Charles, LA by $22,849.

Lake Charles, LA overview · New York, NY overview · Popular comparisons