CostIndexUSA

Hagerstown, MD vs New Orleans, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MD
Hagerstown
94.2
overall index
$1,550/mo rent
More AffordableLA
New Orleans
92.6
overall index
$1,575/mo rent

New Orleans is slightly cheaper than Hagerstown — 1.7% lower overall cost of living.

To match an $80,000 salary in Hagerstown, you would need $78,600 in New Orleans. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+13.6%
Hagerstown
75.7
New Orleans
86
🛒 Groceries−2.8%
Hagerstown
96.4
New Orleans
93.7
🚗 Transportation−3.8%
Hagerstown
104.5
New Orleans
100.5
🏥 Healthcare−3.8%
Hagerstown
94.5
New Orleans
90.9
⚡ Utilities−25.6%
Hagerstown
95.7
New Orleans
71.2

Salary Equivalency Calculator

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

$
→
Equivalent salary in New Orleans, LA
$78,600
$1,400 less needed in New Orleans

Formula: salary × (92.6 ÷ 94.2) = salary × 0.9830. Based on BEA Regional Price Parities.

Housing Market

Hagerstown, MD

Median Home Price
$313,000
Median Monthly Rent
$1,550
Housing Index
75.7
Price-to-Rent Ratio
16.8×

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 13.6% higher housing costs compared to Hagerstown.

Income & Job Market

Hagerstown, MD

Median Household Income
$75,400
Per Capita Income
$43,000
Unemployment Rate
4.4%
Population
43,484
Top Industries
HealthcareManufacturingLogisticsRetailGovernment

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).

Hagerstown, MD
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)

Hagerstown vs other cities

Hagerstown, MD
vs
Baltimore, MD
Index: 94.2Index: 104.5
Hagerstown, MD
vs
Huntington, WV
Index: 94.2Index: 88.4
Hagerstown, MD
vs
Bremerton, WA
Index: 94.2Index: 105.6
Hagerstown, MD
vs
York, PA
Index: 94.2Index: 96
Hagerstown, MD
vs
Burlington, VT
Index: 94.2Index: 100.9

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.