CostIndexUSA

New Haven, CT vs New Orleans, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CT
New Haven
104.6
overall index
$1,975/mo rent
More AffordableLA
New Orleans
92.6
overall index
$1,575/mo rent

New Orleans is moderately cheaper than New Haven — 11.5% lower overall cost of living.

To match an $80,000 salary in New Haven, you would need $70,800 in New Orleans. Calculate your salary ↓

Category Breakdown

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

🏠 Housing30.8%
New Haven
124.3
New Orleans
86
🛒 Groceries3.7%
New Haven
97.3
New Orleans
93.7
🚗 Transportation6.8%
New Haven
107.8
New Orleans
100.5
🏥 Healthcare6.8%
New Haven
97.5
New Orleans
90.9
Utilities50.8%
New Haven
144.8
New Orleans
71.2

Salary Equivalency Calculator

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

$
Equivalent salary in New Orleans, LA
$70,800
$9,200 less needed in New Orleans

Formula: salary × (92.6 ÷ 104.6) = salary × 0.8853. Based on BEA Regional Price Parities.

Housing Market

New Haven, CT

Median Home Price
$386,000
Median Monthly Rent
$1,975
Housing Index
124.3
Price-to-Rent Ratio
16.3×

New Orleans, LA

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

New Haven has 30.8% lower housing costs compared to New Orleans.

Income & Job Market

New Haven, CT

Median Household Income
$80,700
Per Capita Income
$46,000
Unemployment Rate
4.2%
Population
130,250
Top Industries
EducationHealthcareManufacturingFinanceGovernment

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).

New Haven, CT
3.4×income-to-rent ratio

71% of income left after rent (median)

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

69% of income left after rent (median)

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.