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Cost of living: Providence, RI vs New Orleans, LA (2024)

Quick answer

Overall prices in the Providence, RI metro were 101.8 vs 92.6 in New Orleans, LA in 2024 (US = 100), so Providence is 9.9% more expensive than New Orleans; housing rents differ by 21% (103.9 vs 86.0). A $75,000 income in Providence buys about what $68,238 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)ProvidenceNew OrleansProvidence vs New Orleans
All items101.892.6+9.9%
Goods97.193.7+3.7%
Housing (rents)103.986.0+20.7%
Utilities148.871.2+108.9%
Other services102.395.7+6.9%
All items, 2008103.798.2+5.5%
$50,000 in Providence equals in New Orleans$45,492
$100,000 in Providence equals in New Orleans$90,984
$150,000 in Providence equals in New Orleans$136,476

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

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