Quick answer
Overall prices in the Miami, FL metro were 114.2 vs 92.6 in New Orleans, LA in 2024 (US = 100), so Miami is 23.3% more expensive than New Orleans; housing rents differ by 81% (155.6 vs 86.0). A $75,000 income in Miami buys about what $60,836 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) | Miami | New Orleans | Miami vs New Orleans |
|---|---|---|---|
| All items | 114.2 | 92.6 | +23.3% |
| Goods | 103.6 | 93.7 | +10.5% |
| Housing (rents) | 155.6 | 86.0 | +80.9% |
| Utilities | 97.2 | 71.2 | +36.5% |
| Other services | 109.1 | 95.7 | +14.0% |
| All items, 2008 | 106.5 | 98.2 | +8.4% |
| $50,000 in Miami equals in New Orleans | $40,558 | ||
| $100,000 in Miami equals in New Orleans | $81,115 | ||
| $150,000 in Miami equals in New Orleans | $121,673 |
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Last updated 2026-10-16. Data only, not financial or tax advice.