Cost of Living in New Iberia, LA
Population 27,926 · Louisiana · Data vintage 2023
(100 = US avg)
New Iberia lands reasonably close to national benchmarks on most cost indicators, with a median home value of $150,000 — 51% below the US figure. That makes it a useful reference point for comparing with more extreme markets in Louisiana. Unemployment has stayed elevated relative to the national figure — 10.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Geographically, New Iberia sits roughly 20 miles southeast of Lafayette. Median home values run roughly 40% lower than Lafayette's $251,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in New Iberia
The median home value in New Iberia is $150,300 — 51% below the national median of $305,000. Median rent runs $878/month, 33% lower than the national median of $1,314/month. The median household income of $50,802/year is 32% lower than the US median of $74,580. The local unemployment rate is 10.0%, above the national average of 4.8%. Louisiana's top state income tax rate is 4.3% and the combined sales tax is 9.5%. The climate averages highs of 79.1°F and lows of 59.4°F. Overall, New Iberia has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 63 | 67 | 73 | 79 | 86 | 90 | 92 | 92 | 89 | 82 | 72 | 65 |
| Low °F | 43 | 47 | 53 | 59 | 67 | 73 | 74 | 74 | 70 | 60 | 50 | 45 |
| Precip" | 5.36 | 3.54 | 2.91 | 4.82 | 4.39 | 6.46 | 6.71 | 6.37 | 5.05 | 5.09 | 4.50 | 4.49 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in New Iberia, LA?
New Iberia has a cost index of 56 (100 = national average). It is 44% below the national average.
What is average rent in New Iberia, LA?
The median gross rent in New Iberia is $878 per month based on 2023 Census data.
What is the average home price in New Iberia?
The median home value in New Iberia is $150,300 according to Zillow and Census data.
What is the median income in New Iberia?
The median household income in New Iberia is $50,802 per year (2023 ACS 5-year estimates).
What is the sales tax in New Iberia, LA?
The combined state and local sales tax rate in New Iberia is 9.5%. The Louisiana state income tax top rate is 4.3%.
Is New Iberia, LA affordable?
Yes, New Iberia is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.
What is the weather like in New Iberia?
New Iberia has average high temperatures of 79.1°F and average lows of 59.4°F. Annual precipitation is 59.7". Data from NOAA 1991–2020 Climate Normals.
New Iberia at a Glance
- Population
- 27,926
- Median Income
- $50,802
- Home Value
- $150,300
- Median Rent
- $878/mo
- Unemployment
- 10.0%
- Avg High Temp
- 79.1°F
- Sales Tax
- 9.5%
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Louisiana Rankings
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