Cost of Living in New Orleans
Median income in New Orleans is $40,000/year ($3,333/month). Here is how to budget every dollar.
Average Rent in New Orleans
$1,000
Studio
$1,250
1 Bedroom
$1,550
2 Bedrooms
Monthly Budget Breakdown: $3,333/month
How to allocate the median New Orleans income of $40,000/year after taxes.
Housing
$1,250
Food & Groceries
$330
Transportation
$270
Utilities
$200
Healthcare
$165
Entertainment
$200
Personal & Other
$165
Savings
$753
Total
$3,333
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Affordable Neighborhoods in New Orleans
Mid-City is centrally located with walkable character and moderate rents
Algiers Point across the river offers charming homes at lower prices
Gentilly and Lakeview have quieter, family-friendly neighborhoods
Money-Saving Tips for New Orleans
The streetcar monthly pass ($50) is one of the cheapest transit options in the US
Cooking at home with local ingredients (crawfish, rice, beans) is cheap and delicious
Free entertainment is everywhere — second line parades, Jazz in the Park, live music
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