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Metro cost profile · 2024 BEA RPP

New Orleans-Metairie, LA

Cost-of-living indicators for New Orleans-Metairie, LA, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

92.6
Overall RPP
#226
of 387 metros
86.0
Rents RPP
$108K
$100K national buys

New Orleans ranks #226 of 387 U.S. metros by cost, and its overall price index has fallen 5.6 points since 2008.

  • falling since 2008
  • similar cost to Fort Wayne

The verdict

New Orleans costs less than 58% of U.S. metros, an overall index of 92.6, 7.4% below the national average, with services the biggest swing at 71.2.

bottom 42%
by overall cost, nationwide
93.7
goods RPP, tradable items
71.2
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $107,995 here; matching a $100K lifestyle takes roughly $92,597.

Service-cost relief profile

How New Orleans's cost structure works

Services provide the strongest cost offset in New Orleans: their index is 71.2, farther below the national baseline than rents or tradable goods. The overall RPP of 92.6 therefore has a different source than a place with cheaper housing instead.

Across all reported metros, the closest component-profile matches are Slidell-Mandeville-Covington, LA, Idaho Falls, ID, Knoxville, TN. They resemble New Orleans across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.

Across 2008-2024, New Orleans's overall index has fallen by 5.6 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.

New Orleans vs every U.S. metro

Where this metro sits in the national cost distribution

93 Bottom 42% higher than 42% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). Below this entry. 92–96: 97 US metros (25%). This entry sits in this band. 96–100: 55 US metros (14%). Above this entry. 100–104: 54 US metros (14%). Above this entry. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

New Orleans cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows New Orleans's strongest departure is services at 71.2; rents follows at 86.0. Labor-priced local activity, rather than housing alone, is the first budget line to investigate.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where New Orleans's cost comes from

Metros near New Orleans's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 93.8, rents 83.5). New Orleans is driven more by rent than by everyday goods, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 9394959697 7075808590 Goods RPP (tradable items) → Rents RPP (housing) → New OrleansFort WayneKnoxvilleWacoKansas CityWausauCorpus Christi
Crosshairs sit at the group median (goods 93.8, rents 83.5). New Orleans is driven more by rent than by everyday goods, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • New Orleans (New Orleans, this metro): goods RPP 93.7, rents RPP 86
  • Fort Wayne: goods RPP 94.3, rents RPP 72.3
  • Knoxville: goods RPP 96.2, rents RPP 82.8
  • Waco: goods RPP 93.8, rents RPP 83.5
  • Kansas City: goods RPP 94.1, rents RPP 86.6
  • Wausau: goods RPP 93.8, rents RPP 71.5
  • Corpus Christi: goods RPP 93.8, rents RPP 84.9

Price Index Summary

Overall

92.6

Below avg

Goods

93.7

Below avg

Services

71.2

Cheap

Rents

86.0

Cheap

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 5.6 points over this period. The largest single-year move was in 2018, when the index dropped 2.8 points from the year before.

New Orleans overall RPP, 2008-2024

Every year on record, national average = 100

Down 5.6 pts
9095100 20082024 98.2 92.6 ▼ -5.7%
Year Overall
2008 98.2
2009 96.1
2010 97.6
2011 97.7
2012 97.9
2013 97.4
2014 97.5
2015 96.7
2016 98.2
2017 96.5
2018 93.7
2019 94.7
2020 95.7
2021 94.4
2022 93.7
2023 91.2
2024 92.6

Latest BEA release change

What changed from 2023 to 2024

New Orleans's overall RPP rose +1.4 points, from 91.2 in 2023 to 92.6 in 2024. The largest category movement was rents, changing from 77.8 to 86.0. This is a relative change against the national benchmark, not a household's dollar bill.

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$92,597

in New Orleans-Metairie, LA purchasing power

$50,000 nationally
$46,299
$75,000 nationally
$69,448
$125,000 nationally
$115,746
$150,000 nationally
$138,896
$200,000 nationally
$185,194

Use the salary calculator for custom amounts.

Affordability score

D
40/100

How far the median local paycheck goes here, combining income and housing cost

Purchasing power
Not reported
Housing affordability D
40th percentile

A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.

Decision peers

Metros with a similar cost mix

These metros are closest to New Orleans's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.

LA-relative analysis

Goods prices places New Orleans-Metairie, LA near the bottom of LA's metros

Among the 10 LA metros PlainCost tracks with reported goods prices data, New Orleans-Metairie, LA ranks #1 - the 0th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares New Orleans-Metairie, LA only against its own state's metros, not the full US field.

Goods prices
#1 of 10
0th percentile in LA
Services prices
#6 of 10
40th percentile in LA
Rent prices
#1 of 10
90th percentile in LA

Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within LA only, not a livability score.

Nationwide metros with similar overall cost or rent prices

Two BEA RPP-derived peer sets for New Orleans-Metairie, LA: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

Metros with Similar Cost of Living

These metros have an overall RPP closest to New Orleans-Metairie, LA's index of 92.6.

Showing the 6 closest of 387 metro areas tracked nationally.

Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.

Shareable PlainCost cost snapshot for New Orleans cost of living snapshot

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What this means for New Orleans

How to read New Orleans's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $107,995 in New Orleans. Salary calculator
  • Start with services: it indexes at 71.2, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
  • Compare New Orleans head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in New Orleans-Metairie, LA?

New Orleans-Metairie, LA has a Regional Price Parity (RPP) index of 92.6, meaning it is 7.4% less expensive than the national average. Goods are indexed at 93.7, services at 71.2, and rents at 86.0. It ranks #226 out of 387 U.S. metro areas by overall cost.

What salary do I need in New Orleans-Metairie, LA to match $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $92,597 in New Orleans-Metairie, LA. Conversely, $100K earned in New Orleans-Metairie, LA has the purchasing power of $107,995 at the national average.

How expensive is rent in New Orleans-Metairie, LA?

Rents in New Orleans-Metairie, LA are indexed at 86.0, which is 14.0% below the national average. This makes the area relatively affordable for renters.

Is New Orleans-Metairie, LA getting more expensive?

From 2008 to 2024, New Orleans-Metairie, LA's overall cost index changed by -5.6 points (from 98.2 to 92.6). The cost of living has been declining.

What costs the most in New Orleans-Metairie, LA?

The priciest category in New Orleans-Metairie, LA is goods at 93.7, 6.3% below the national average, still the highest of the three categories. The most affordable category is services at 71.2, 28.8% below average.

What metros have a similar cost of living to New Orleans-Metairie, LA?

Metros with the most similar overall cost index include Fort Wayne, Knoxville, Waco. These areas have RPP values within a few points of New Orleans-Metairie, LA's 92.6.

Data sourced from official public datasets, Regional Price Parities by Metropolitan Statistical Area (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.