Cost of Living in Orleans Parish, LA

What does it cost to live in Orleans Parish? Income, housing, and affordability breakdown.

Median Income

$51,116

Median Rent

$1,162/mo

Median Home

$281,500

Affordability

250

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,423
Property Tax$185
Insurance$94

Total Monthly$1,702
% of Income40%

Renting

Median Rent$1,162
Renter's Insurance$25

Total Monthly$1,187
% of Income27.3%

Living in Orleans Parish, Louisiana

Orleans Parish has a median household income of $51,116 with housing costs that represent 40% of income for owners and 27.3% for renters. Housing costs exceed the recommended 30% threshold, suggesting affordability challenges.

The affordability index of 250 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Louisiana

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.