Quick answer
Overall prices in the New York, NY metro were 112.6 vs 92.6 in New Orleans, LA in 2024 (US = 100), so New York is 21.6% more expensive than New Orleans; housing rents differ by 73% (148.6 vs 86.0). A $75,000 income in New York buys about what $61,697 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) | New York | New Orleans | New York vs New Orleans |
|---|---|---|---|
| All items | 112.6 | 92.6 | +21.6% |
| Goods | 110.3 | 93.7 | +17.7% |
| Housing (rents) | 148.6 | 86.0 | +72.8% |
| Utilities | 127.0 | 71.2 | +78.3% |
| Other services | 105.8 | 95.7 | +10.6% |
| All items, 2008 | 113.5 | 98.2 | +15.5% |
| $50,000 in New York equals in New Orleans | $41,131 | ||
| $100,000 in New York equals in New Orleans | $82,262 | ||
| $150,000 in New York equals in New Orleans | $123,394 |
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Last updated 2026-10-16. Data only, not financial or tax advice.