Cost of Living: New Orleans, 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 New Orleans, LA versus $4,116/mo in New York, NY. In the model, rent is about 17.64% of gross in New Orleans, LA versus 25.92% in New York, NY, so New Orleans, LA tends to feel more affordable for rent.

Take-home in New Orleans, LA
$4,268/mo
Income level: above
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in New Orleans, LA
17.64%
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 New Orleans, LA and New York, NY.

At a glance

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

Cost of Living Index

New Orleans, LA: 95.2 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

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

Median Rent

New Orleans, LA: $1,151/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $539/mo higher than in New Orleans, LA.

Median Home Price

New Orleans, LA: $296,400 · New York, NY: $751,700

Median home price in New York, NY is $455,300 higher than in New Orleans, LA.

Median Household Income

New Orleans, LA: $55,339 · New York, NY: $79,713

New York, NY has a higher median household income than New Orleans, LA by $24,374.

New Orleans, LA overview · New York, NY overview · Popular comparisons