Overall
92.6
Below avg
Metro cost profile · 2024 BEA RPP
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.
New Orleans ranks #226 of 387 U.S. metros by cost, and its overall price index has fallen 5.6 points since 2008.
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.
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
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
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
BEA RPP by category, 100 = national average
Rents
86 RPP
Services
71.2 RPP
Overall
92.6 RPP
Goods
93.7 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.
Metros near New Orleans's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.
Overall
92.6
Below avg
Goods
93.7
Below avg
Services
71.2
Cheap
Rents
86.0
Cheap
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.
Every year on record, national average = 100
| 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
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.
A $100,000 salary at the national average cost of living equals:
in New Orleans-Metairie, LA purchasing power
Use the salary calculator for custom amounts.
How far the median local paycheck goes here, combining income and housing cost
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
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
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.
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.
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.
Nearest metros by overall regional price parity (92.6 here).
Nearest metros by rents regional price parity (86.0 here).
View all LA metros → Cheapest in LA → Most expensive in LA →
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 data card
Download the data card or share this exact metro record. The card uses the same BEA-derived values shown above.
What this means for New Orleans
How to read New Orleans's cost of living before a move, a job offer, or a budget.
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.
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.
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.
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.
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.
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.
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.
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.