CostByCity

Chicago, IL vs New Orleans, LA

Cost of Living Comparison

New Orleans, LA is more affordable by 11.0 index points

Side-by-Side Comparison

CategoryChicago, ILNew Orleans, LADifference
Overall103.692.6+11.0
Housing112.086.0+26.0
Goods107.393.7+13.6
Utilities83.671.2+12.4
Other Services100.595.7+4.8

Income & Housing Comparison

MetricChicago, ILNew Orleans, LA
Median Household Income$85,087$62,748
Median Home Value$288,400$242,600
Median Monthly Rent$1,310$1,151
Per Capita Income$45,977$36,735

Frequently Asked Questions

Is Chicago, IL or New Orleans, LA cheaper to live in?
New Orleans, LA is more affordable. The cost of living difference is 11.0 index points (Chicago, IL: 103.6, New Orleans, LA: 92.6).
Where is housing cheaper, Chicago, IL or New Orleans, LA?
Housing is more affordable in New Orleans, LA. Housing index: Chicago, IL (112.0) vs New Orleans, LA (86.0).