Zip 70131 (New Orleans, LA) Cost of Living


1 Reviews



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How much do I need to live in New Orleans, Louisiana?
$3,570 / month
for a family, 33.9% less expensive than the national average A total of $42,840 for the year for a family.
$3,033 / month
for a single person, 36.4% less expensive than the national average A total of $36,400 for the year for a single person.

New Orleans cost of living score
101.6
More expensive
1.6% higher
than the US average
13.0% higher
than the Louisiana average
New Orleans (zip 70131), Louisiana gets a BestPlaces Cost of Living score of 101.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 1.6% higher than the U.S. average and 13.0% higher than the average for Louisiana.

Zip 70131 (New Orleans, LA)

Housing costs in New Orleans?
A typical home costs $223,500, which is 33.9% less expensive than the national average of $338,100 and 20.9% more expensive than the average Louisiana home, at $184,800. Renting a two-bedroom unit in New Orleans costs $1,070 per month, which is 7.0% more than the national average of $1,000 and 10.3% cheaper than the state average of $1,180.

Can I afford New Orleans?
To live comfortably in New Orleans (zip 70131), Louisiana, a minimum annual income of $42,840 for a family, and $36,400 for a single person is recommended.

What does A.I. say about New Orleans?
The cost of living in 70131 New Orleans, LA is quite reasonable, with groceries and other goods being very affordable. The median home value is about $181,500 which is significantly less than the national median of $210,700. Renting a one bedroom apartment costs around $1,000 per month and utilities can range anywhere from $150 to $200 depending on usage. Overall, the cost of living in New Orleans is attractive for those looking to live in an exciting city without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew OrleansLouisianaUnited States
    Unlock89.9100.0
  96.2  Unlock100.0
    Unlock113.2100.0
  75.6  Unlock100.0
    Unlock$184,800$338,100
  85.6  Unlock100.0
    Unlock108.2100.0
  97.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for New Orleans
    See all (1)

Over 7 years ago

English Turn is the safest, most beautiful neighborhood in the city of New Orleans. The community is gated with 24 hour security and features over 400 home sites. We  More

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