CostByCity

Monroe, LA vs New Orleans, LA

Cost of Living Comparison

Monroe, LA is more affordable by 9.0 index points

Side-by-Side Comparison

CategoryMonroe, LANew Orleans, LADifference
Overall83.692.6-9.0
Housing42.886.0-43.2
Goods93.793.70.0
Utilities72.271.2+1.0
Other Services95.795.70.0

Income & Housing Comparison

MetricMonroe, LANew Orleans, LA
Median Household Income$47,351$62,748
Median Home Value$158,100$242,600
Median Monthly Rent$859$1,151
Per Capita Income$28,677$36,735

Frequently Asked Questions

Is Monroe, LA or New Orleans, LA cheaper to live in?
Monroe, LA is more affordable. The cost of living difference is 9.0 index points (Monroe, LA: 83.6, New Orleans, LA: 92.6).
Where is housing cheaper, Monroe, LA or New Orleans, LA?
Housing is more affordable in Monroe, LA. Housing index: Monroe, LA (42.8) vs New Orleans, LA (86.0).