Nashville-Davidson, TN vs New Orleans, LA
Cost of Living Comparison
Equivalent Salary
$100,000 in Nashville-Davidson, TN = $98,520 in New Orleans, LA
Buying power is -1.5% lower in New Orleans, LA
Median Rent
$1,486 vs $1,211
-18.5% lower in New Orleans, LA
Median Income
$75,197 vs $55,339
-26.4% lower in New Orleans, LA
Home Value
$383,100 vs $296,400
-22.6% lower in New Orleans, LA
Price Level
92.5 vs 91.1
US avg = 100
Salary Needed for Median Rent
$59,400 vs $48,400
30% of gross income guideline
Rent as % of Income
23.7% vs 26.3%
Lower is more affordable