CostByCity

Miami, FL vs New Orleans, LA

Cost of Living Comparison

New Orleans, LA is more affordable by 21.6 index points

Side-by-Side Comparison

CategoryMiami, FLNew Orleans, LADifference
Overall114.292.6+21.6
Housing155.686.0+69.5
Goods103.693.7+9.9
Utilities97.271.2+26.0
Other Services109.195.7+13.4

Income & Housing Comparison

MetricMiami, FLNew Orleans, LA
Median Household Income$69,085$62,748
Median Home Value$369,500$242,600
Median Monthly Rent$1,657$1,151
Per Capita Income$39,957$36,735

Frequently Asked Questions

Is Miami, FL or New Orleans, LA cheaper to live in?
New Orleans, LA is more affordable. The cost of living difference is 21.6 index points (Miami, FL: 114.2, New Orleans, LA: 92.6).
Where is housing cheaper, Miami, FL or New Orleans, LA?
Housing is more affordable in New Orleans, LA. Housing index: Miami, FL (155.6) vs New Orleans, LA (86.0).