The city of New Orleans, LA (70163) is a great place to live. The two bedroom rent price is $1,190 which is much more affordable than the average US two bedroom rent of $1,430. Grocery Cost Index in this area is 97 versus 100 in the US making it an even better value for money. There are many local companies which make New Orleans a great place to live and work like Walgreens, Honda, Ochsner Health System, Shell Oil Company and Entergy Corporation. These businesses provide jobs to local residents as well as services to the community such as health care and education opportunities.