New Orleans, LA is a great city to call home. With its rich culture, vibrant nightlife, and abundance of entertainment options, it’s no wonder why so many people choose to reside here. The average rent for a two-bedroom apartment in the 70115 zip code of New Orleans is $1,530 per month. Compared to the US national average of $1,430 per month for a two-bedroom apartment, living in this area is more expensive. Along with rent costs being higher than the national average, the grocery cost index in New Orleans also comes in at 107 versus 100 in the US.
If you’re looking to make New Orleans your home, there are many local businesses that can offer you what you need. Grocers like Rouses Market and Whole Foods can provide all of your grocery needs while hotels such as Best Western Plus St. Charles Inn and La Galerie Hotel & Art Gallery will ensure you have comfortable accommodations during your stay. There are also plenty of restaurants like Commander’s Palace and Green Goddess offering delicious local fare to try out while exploring your new city.
New Orleans (zip 70115) has an unemployment rate of 11.0%. The US average is 6.0%.
New Orleans (zip 70115) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for New Orleans (zip 70115)
- The Sales Tax Rate for New Orleans (zip 70115) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for New Orleans (zip 70115) is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Orleans (zip 70115)
- The average income of a New Orleans (zip 70115) resident is $45,998 a year. The US average is $28,555 a year.
- The Median household income of a New Orleans (zip 70115) resident is $80,672 a year. The US average is $69,021 a year.