New Orleans, LA Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in New Orleans, LA in 2024?

Overall, on average, a gross annual salary of $66,891 is required for an average quality of life in New Orleans, LA.

Is the Cost of Living High in New Orleans, LA?

New Orleans, LA is ranked 223rd out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the expensive cities in which to live in the U.S. New Orleans, LA's average monthly rent is 12% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in New Orleans, LA in 2024?

A gross annual salary of $50,000 in New Orleans, LA will yield an average annual net salary of $44,132. Considering that the total average annual cost of living in New Orleans, LA is $49,678, a gross annual salary of $50,000 will be insufficient to cover average living costs.

How Much Should You Pay for Rent in New Orleans, LA?

The average monthly rent in New Orleans, LA in the city center is $1,803 for a 1 bedroom apartment, $2,306 for a 2 bedroom apartment and $3,008 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,206 for a 1 bedroom apartment, $1,506 for a 2 bedroom apartment and $1,806 for a 3 bedroom apartment.

The assessments presented on this website, including those related to crime, safety, cost of living, and other location characteristics (e.g., states, cities, towns, villages, neighborhoods, areas, landmarks), are based on various sources and our internal research methods. These assessments are not guaranteed to be accurate or complete and should not be used as the sole basis for making any decisions.