Quick answer
Overall prices in the Indianapolis, IN metro were 95.7 vs 92.6 in New Orleans, LA in 2024 (US = 100), so Indianapolis is 3.3% more expensive than New Orleans; housing rents differ by 3% (88.9 vs 86.0). A $75,000 income in Indianapolis buys about what $72,571 buys in New Orleans, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Indianapolis | New Orleans | Indianapolis vs New Orleans |
|---|---|---|---|
| All items | 95.7 | 92.6 | +3.3% |
| Goods | 94.3 | 93.7 | +0.7% |
| Housing (rents) | 88.9 | 86.0 | +3.4% |
| Utilities | 86.4 | 71.2 | +21.2% |
| Other services | 99.1 | 95.7 | +3.6% |
| All items, 2008 | 96.7 | 98.2 | -1.5% |
| $50,000 in Indianapolis equals in New Orleans | $48,381 | ||
| $100,000 in Indianapolis equals in New Orleans | $96,762 | ||
| $150,000 in Indianapolis equals in New Orleans | $145,142 |
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Last updated 2026-10-16. Data only, not financial or tax advice.