CostIndexUSA

Champaign, IL vs New Orleans, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostIL
Champaign
92.7
overall index
$1,275/mo rent
LA
New Orleans
92.6
overall index
$1,575/mo rent

Champaign and New Orleans have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+20.1%
Champaign
71.6
New Orleans
86
🛒 Groceries≈ Equal
Champaign
93.6
New Orleans
93.7
🚗 Transportation−3.9%
Champaign
104.6
New Orleans
100.5
🏥 Healthcare−3.9%
Champaign
94.6
New Orleans
90.9
⚡ Utilities−21.3%
Champaign
90.5
New Orleans
71.2

Salary Equivalency Calculator

Enter your current salary in Champaign to see what you'd need to earn in New Orleans to maintain the same purchasing power.

$
→
Equivalent salary in New Orleans, LA
$79,900
$100 less needed in New Orleans

Formula: salary × (92.6 ÷ 92.7) = salary × 0.9989. Based on BEA Regional Price Parities.

Housing Market

Champaign, IL

Median Home Price
$224,000
Median Monthly Rent
$1,275
Housing Index
71.6
Price-to-Rent Ratio
14.6×

New Orleans, LA

Median Home Price
$253,000
Median Monthly Rent
$1,575
Housing Index
86
Price-to-Rent Ratio
13.4×

New Orleans has 20.1% higher housing costs compared to Champaign.

Income & Job Market

Champaign, IL

Median Household Income
$62,100
Per Capita Income
$35,400
Unemployment Rate
3.4%
Population
88,302
Top Industries
EducationHealthcareTechnologyAgricultureRetail

New Orleans, LA

Median Household Income
$61,000
Per Capita Income
$34,800
Unemployment Rate
5%
Population
383,997
Top Industries
TourismEnergyHealthcareShippingEntertainment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Champaign, IL
4.1×income-to-rent ratio

75% of income left after rent (median)

New Orleans, LA
3.2×income-to-rent ratio

69% of income left after rent (median)

Champaign vs other cities

Champaign, IL
vs
Aurora, IL
Index: 92.7Index: 103.6
Champaign, IL
vs
Bloomington, IL
Index: 92.7Index: 93.5
Champaign, IL
vs
Chicago, IL
Index: 92.7Index: 103.6
Champaign, IL
vs
Santa Barbara, CA
Index: 92.7Index: 108.8
Champaign, IL
vs
Fort Smith, AR
Index: 92.7Index: 85.9

New Orleans vs other cities

New Orleans, LA
vs
Baton Rouge, LA
Index: 92.6Index: 90.8
New Orleans, LA
vs
Lafayette, LA
Index: 92.6Index: 87.2
New Orleans, LA
vs
Lake Charles, LA
Index: 92.6Index: 85.9
New Orleans, LA
vs
Bakersfield, CA
Index: 92.6Index: 100.9
New Orleans, LA
vs
Arlington, TX
Index: 92.6Index: 103.1

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.