Is New Orleans expensive to live in?
Median income: $42,996. Median rent: $1,150. Median home price: $215,000.
Relocation guide · Louisiana
New Orleans, LA city guide. Population is 383,997. Median household income is $42,996. Median rent is $1,150.
Median Rent
$1,150/mo
Median Income
$42,996
State Tax
4.25%
Population
383,997
Cost of living
Median income: $42,996. Median rent: $1,150. Median home price: $215,000.
Median Rent/mo
$1,150
Median Home Price
$215,000
Median Income
$42,996
Rent-to-Income
32%
Taxes
State tax rate: 4.25%. Local tax rate: 9.45%.
State Income Tax
4.25%
Local Tax Rate
9.45%
Climate
Average high: 77°F. Average low: 59°F. Annual rainfall: 64 inches. Sunny days: 218.
Avg High Temp
77°F
Avg Low Temp
59°F
Sunny Days/yr
218
Annual Rainfall
64"
Relocation checklist
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Median income: $42,996. Median rent: $1,150. Median home price: $215,000.
The median rent in New Orleans is $1,150/month. Median home price is $215,000. Many newcomers rent for the first year to learn the neighborhoods before buying.
State tax rate: 4.25%. Local tax rate: 9.45%.
New Orleans, LA city guide. Population is 383,997. Median household income is $42,996. Median rent is $1,150.
Research neighborhoods carefully — New Orleans has significant variation in cost and lifestyle by area.
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Updated 2026.