Skyline of New Orleans
Cost of Living: 98.5 376,971

New Orleans, LA, US

The Big Easy with jazz, Creole cuisine, Mardi Gras, and a culture unlike anywhere else.

Updated July 6, 2026
Cost of Living 98.5

Below Average vs US avg (100)

Housing Index 95.2

Affordable

Median Income $45,000

Household income

Unemployment 4.8%

Job market health

New Orleans vs US Average

Cost of Living
New Orleans: 98.5
US Avg: 100
Housing Index
New Orleans: 95.2
US Avg: 100
State Income Tax
New Orleans: 4.25%
US Avg: ~5%

Taxes

  • State Income Tax: 4.2%
  • Sales Tax: 9.4%

Economy & Jobs

  • Median Income: $45,000
  • Unemployment: 4.8%
  • Population: 376,971

Climate

  • Sunny Days: 216/year
  • Summer High: 91°F
  • Winter Low: 45°F

Housing

  • Median Home: $265,000
  • 1BR Rent: $1400/mo

Cost of Living

New Orleans's cost of living index is 98.5 (US average = 100).

CategoryNew OrleansNational AverageDifference
Overall98.5100-1.5%
Housing95.2100-4.8%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$265,000
Median Rent (1BR)$1400/mo
Median Rent (2BR)$1,750/mo
Price per Sq Ft$176

Data source: Zillow Research, May 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

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$90,000 down
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Utilities

Estimated monthly utility costs for a typical household in New Orleans:

UtilityEstimated Monthly CostNotes
Electricity$85Based on ~900 kWh/month typical US household usage
Heating (Gas/Oil)$107Estimated based on local climate. Gas or electric
Water$55Includes sewer
Internet (100+ Mbps)$60Broadband average
Garbage / Trash$25Private service
Total Utilities$332Monthly estimate (including heating)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Best Neighborhoods

Downtown New Orleans

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,680/mo.

New Orleans Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $1,540/mo.

East New Orleans

Up-and-coming neighborhood with new developments and young professionals. Average rent: $1,260/mo.

West New Orleans

Family-friendly area with parks and good schools. Average rent: $1,330/mo.

Remote Work Score

New Orleans scores 120/100 for remote work readiness:

  • Internet Speed: Average 200 Mbps (Good)
  • Coworking Spaces: 15+ locations (Good)
  • Cost of Living: Good
  • Climate: 216 year (Good)
  • Quality of Life: Good

Climate

New Orleans has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January65°F45°F2.5"
April76°F60°F2.8"
July91°F66°F1.5"
October71°F63°F2.2"

Taxes

  • State Income Tax: 4.25%
  • Sales Tax: 9.45%
  • Property Tax: ~0.82% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 4.8%.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

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

The cost of living index in New Orleans is 98.5, which is Lower the US national average of 100.

How much does it cost to buy a home in New Orleans?

The median home price in New Orleans is $265,000. The housing index is 95.2.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in New Orleans is approximately $1400/mo.

Does New Orleans, LA have income tax?

New Orleans is in LA, which has an income tax rate of 4.25%.

What is the climate like in New Orleans?

New Orleans enjoys approximately 216 sunny days per year. Summer highs reach around <no value>°F,91°F, while winter lows can drop to around <no value>°F.45°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024

Data last updated: July 6, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.