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Cost of living: Detroit, MI vs New Orleans, LA (2024)

Quick answer

Overall prices in the Detroit, MI metro were 100.3 vs 92.6 in New Orleans, LA in 2024 (US = 100), so Detroit is 8.3% more expensive than New Orleans; housing rents differ by 10% (94.7 vs 86.0). A $75,000 income in Detroit buys about what $69,241 buys in New Orleans, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)DetroitNew OrleansDetroit vs New Orleans
All items100.392.6+8.3%
Goods98.893.7+5.5%
Housing (rents)94.786.0+10.1%
Utilities107.071.2+50.2%
Other services102.695.7+7.2%
All items, 2008100.698.2+2.4%
$50,000 in Detroit equals in New Orleans$46,161
$100,000 in Detroit equals in New Orleans$92,322
$150,000 in Detroit equals in New Orleans$138,483

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Last updated 2026-10-16. Data only, not financial or tax advice.

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