New York, NY vs New Orleans, LA
Cost of living comparison · 2023 Census ACS data
Quick Summary
The headline difference between these two markets is housing: a typical home in New Orleans runs $296,000 versus $752,000 in New York, a 61% gap that dominates most relocation math. State income-tax burden also tilts toward New Orleans — a top rate of 4.3% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$296,400 ✓
Zillow Home Value
$812,534
$239,751
Median Gross Rent
$1,779/mo
$1,211/mo ✓
Owner Occupied %
32.8%
50.5%
Price-to-Rent Ratio
35.2x
20.4x
Median Household Income
$79,713 ✓
$55,339
Per Capita Income
$50,776
$39,698
Unemployment Rate
7.7% ✓
7.8%
Poverty Rate
17.4%
22.6%
Avg Commute (min)
44.8 min
24.7 min
Drove Alone %
21.9%
63.2%
Public Transit %
45.5%
4.5%
Work From Home %
15.0%
13.7%
State Income Tax
10.9%
4.3%
Total Sales Tax
8.5% ✓
9.5%
Property Tax Rate
1.7%
0.6%
Bachelor's Degree %
23.6%
22.6%
Median Age
38
38.4
Avg High Temp
62.6°F
77.5°F
Annual Precipitation
49.5"
60.1"
Annual Snowfall
29.8"
0.1"
New York, NY 3 wins
- ✓Total Sales Tax
- ✓Median Household Income
- ✓Unemployment Rate
New Orleans, LA 2 wins
- ✓Median Home Value
- ✓Median Gross Rent
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