Cost of Living: New Orleans, LA vs Lake Charles, LA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,268/mo in New Orleans, LA versus $4,268/mo in Lake Charles, LA. In the model, rent is about 17.64% of gross in New Orleans, LA versus 15.89% in Lake Charles, LA, so Lake Charles, LA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between New Orleans, LA and Lake Charles, LA.
At a glance
- Cheaper overall (lower cost-of-living index): New Orleans, LA
- Lower rent (median 1BR/2BR): Lake Charles, LA
- Lower home prices: Lake Charles, LA
- Higher median household income: Lake Charles, LA
Cost of Living Index
New Orleans, LA: 95.2 (U.S. = 100) · Lake Charles, LA: 100 (U.S. = 100)
New Orleans, LA has a lower cost-of-living index than Lake Charles, LA, so a given salary generally stretches further there.
Median Rent
New Orleans, LA: $1,151/mo (midpoint of 1BR/2BR) · Lake Charles, LA: $1,036/mo
Median rent in New Orleans, LA is $115/mo higher than in Lake Charles, LA.
Median Home Price
New Orleans, LA: $296,400 · Lake Charles, LA: $204,000
Median home price in New Orleans, LA is $92,400 higher than in Lake Charles, LA.
Median Household Income
New Orleans, LA: $55,339 · Lake Charles, LA: $56,864
Lake Charles, LA has a higher median household income than New Orleans, LA by $1,525.
New Orleans, LA overview · Lake Charles, LA overview · Popular comparisons