Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 92.6 in New Orleans, LA in 2024 (US = 100), so Minneapolis is 13.2% more expensive than New Orleans; housing rents differ by 30% (111.8 vs 86.0). A $75,000 income in Minneapolis buys about what $66,253 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) | Minneapolis | New Orleans | Minneapolis vs New Orleans |
|---|---|---|---|
| All items | 104.8 | 92.6 | +13.2% |
| Goods | 103.1 | 93.7 | +10.0% |
| Housing (rents) | 111.8 | 86.0 | +30.0% |
| Utilities | 93.5 | 71.2 | +31.3% |
| Other services | 104.4 | 95.7 | +9.1% |
| All items, 2008 | 102.9 | 98.2 | +4.8% |
| $50,000 in Minneapolis equals in New Orleans | $44,169 | ||
| $100,000 in Minneapolis equals in New Orleans | $88,337 | ||
| $150,000 in Minneapolis equals in New Orleans | $132,506 |
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Last updated 2026-10-16. Data only, not financial or tax advice.