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Houston, TX vs New Orleans, LA: Cost of Living

Compare the cost of living between Houston, TX and New Orleans, LA. See the equivalent salary and median rent powered by BLS Regional Price Parities.

Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗
Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗

Houston, TX

TX

Overall RPP (US=100)
98.8
Housing RPP
108
Goods RPP
97.9
2-BR median rent
$1,357/mo

Texas has no state income tax. Property taxes ~2% effective rate.

New Orleans, LA

LA

Overall RPP (US=100)
93.6
Housing RPP
83.6
Goods RPP
93.9
2-BR median rent
$1,362/mo

Louisiana income tax 1.85%-4.25%.

Equivalent salary

New Orleans, LA is cheaper than Houston, TX by about 5.3% (RPP 98.8 to 93.6).

$60,000 in Houston, TX

-> $56,842

in New Orleans, LA

$100,000 in Houston, TX

-> $94,737

in New Orleans, LA

$150,000 in Houston, TX

-> $142,105

in New Orleans, LA

This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.

Migration signal: Houston, TX vs New Orleans, LA

IRS tax-return migration · 2021-2022

Houston, TX

Net people
+37,392
Net rank
#3 of 65
Top origin share
2%
Top destination share
2%

Largest source: Travis County, TX. Largest destination: Travis County, TX.

New Orleans, LA

Net people
−15,416
Net rank
#53 of 65
Top origin share
5%
Top destination share
10%

Largest source: St. Tammany Parish, LA. Largest destination: St. Tammany Parish, LA.

Rent delta: New Orleans, LA is $5/mo higher for HUD FY2024 2-BR FMR than Houston, TX. Housing RPP moves from 108 to 83.6.

Migration figures are derived from IRS SOI county-to-county migration data for 2021-2022, mapped to metros via Census CBSA delineation. Small county-to-county flows are IRS-suppressed, so per-metro totals are lower bounds. Source: IRS SOI migration data.

Frequently asked questions

Is New Orleans, LA cheaper or more expensive than Houston, TX?
New Orleans, LA (RPP 93.6) is cheaper than Houston, TX (RPP 98.8) by about 5.3%.
What salary do I need in New Orleans, LA if I earn $100,000 in Houston, TX?
You would need approximately $94,737 in New Orleans, LA to maintain the same purchasing power as $100,000 in Houston, TX. Formula: $100,000 x (93.6 / 98.8).
Which metro had stronger net migration, Houston, TX or New Orleans, LA?
For 2021-2022, Houston, TX had a net gain of 37,392 people, while New Orleans, LA had a net loss of 15,416 people. IRS small-flow suppression means these are lower-bound research signals, not complete population-change totals.

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