Cost of Living in New Orleans, Louisiana (2026)
COL Index
95
100 = US avg
1BR Rent
$1,400
per month
Median HHI
$48K
per year
State Tax
4.3%
income tax
Full cost breakdown
| Category | New Orleans |
|---|---|
| 🏠 HousingQ1 2026 | |
| Studio rent/mo | $1,100 |
| 1BR rent/mo | $1,400 |
| 2BR rent/mo | $1,900 |
| Median home price | $280K |
| 🛒 Food & GroceriesQ1 2026 | |
| Groceries index (100 = US avg) | 98 |
| Budget meal (1 person) | $14 |
| Mid-range dinner (2 people) | $55 |
| 🚌 TransportationQ1 2026 | |
| Monthly transit pass/mo | $55 |
| Gas price/gal | $3.00 |
| Car insurance/mo | $210 |
| ⚡ UtilitiesQ1 2026 | |
| Utilities bundle (elec + gas + water)/mo | $185 |
| Internet/mo | $60 |
| 💰 Income & TaxesQ1 2026 | |
| Median household income/yr | $48K |
| State income tax rate | 4.3% |
| Sales tax (combined) | 9.5% |
| 📊 OverviewQ1 2026 | |
| Overall COL index (100 = US avg) | 95 |
| Walk score / 100 | 58 |
Is New Orleans affordable on your salary?
How rent burden (1BR) changes across income levels. Under 30% is comfortable; above 40% is tight.
$40K
~$2,585/mo take-home
54% rent burden · Difficult
$50K
~$2,981/mo take-home
47% rent burden · Difficult
$60K
~$3,578/mo take-home
39% rent burden · Tight
$75K
~$4,472/mo take-home
31% rent burden · Manageable
$80K
~$4,770/mo take-home
29% rent burden · Manageable
$100K
~$5,963/mo take-home
23% rent burden · Comfortable
$120K
~$6,725/mo take-home
21% rent burden · Very comfortable
$150K
~$8,406/mo take-home
17% rent burden · Very comfortable
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Data: Zillow Observed Rent Index, BLS, Numbeo, Tax Foundation, US Census ACS · Q1 2026 · For general guidance only