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Austin vs. New Orleans

Austin, TX  ·  New Orleans, LA

TL;DR

Austin cost-of-living index is 121 vs 96 for New Orleans (US = 100). Median home: $500,000 vs $245,000. Median rent: $1,300/mo vs $1,271/mo.

Source: Zillow ZHVI/ZORI · Census ACS, 2026-06-13

New Orleans is 21% cheaper than Austin overall.

Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-06-13

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Home Price

TX: $500,000

LA: $245,000

Monthly Rent

TX: $1,300/mo

LA: $1,271/mo

COL Index

TX: 121

LA: 96

Median Income

TX: $83,800

LA: $52,000

Side-by-Side Comparison

Metric
Austin
New Orleans
Lower / Higher

Median Home Price

$500,000
$245,000
↓New Orleans

Monthly Rent (Median)

$1,300/mo
$1,271/mo
↓New Orleans

Median Household Income

$83,800
$52,000
↓Austin

Property Tax Rate

1.8%
0.55%
↓New Orleans

Cost of Living Index

100 = national average

121
96
↓New Orleans

Avg. Commute

27 min
27 min
Comparable

Unemployment Rate

3.1%
5.4%
↓Austin

Median Age

34 yrs
38.1 yrs
↓New Orleans

What This Means For You

Headline insight

Buying Power

A $100,000 salary in Austin has the same purchasing power as $79,339 in New Orleans— based on each city's cost of living index.

Housing

Homes in New Orleans cost 51% more (-$255,000 extra). Expect a larger mortgage and down payment.

Renting

Renting in New Orleans saves $29/month — $348 per year. Median rent: $1,300/mo in Austin vs $1,271/mo in New Orleans.

Property Taxes

On a median-priced home, Austin owners pay roughly $9,000/year vs $1,348/year in New Orleans. That's a $7,653 annual difference.

Local Earnings

Median household income is $83,800 in Austin and $52,000 in New Orleans. New Orleans residents earn 38% more — but factor in cost of living.

Daily Commute

Average commute is 27 minutes in Austin vs 27 minutes in New Orleans. Commute times are nearly identical.

Salary Equivalence

To maintain the same lifestyle when moving from Austin to New Orleans, here's the salary you'd need:

Salary in AustinEquivalent in New OrleansDifference
$50,000$39,669-$10,331
$75,000$59,504-$15,496
$100,000$79,339-$20,661
$150,000$119,008-$30,992
$200,000$158,678-$41,322

* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.

Run the Numbers

Mortgage Calculator

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Rent vs Buy

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Cost of Living

Full cost of living comparison tool

Home Appreciation

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Affordability Calculator

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Property Tax Calculator

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Austin Calculators

→ Mortgage calculator for Austin→ Rent vs buy in Austin

New Orleans Calculators

→ Mortgage calculator for New Orleans→ Rent vs buy in New Orleans

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Austin vs New Orleans: Common Questions

Is Austin or New Orleans cheaper to live in?

Based on cost of living indices, New Orleans is cheaper overall. Austin has a COL index of 121 while New Orleans scores 96 (national average = 100).

How do home prices compare between Austin and New Orleans?

The median home price in Austin is $500,000 vs $245,000 in New Orleans — a difference of $255,000 (51%).

What salary do I need in New Orleans to match my Austin income?

Use the salary equivalence table above. For example, a $100K salary in Austin is equivalent to $79,339 in New Orleans in terms of purchasing power.

Which city has lower property taxes?

New Orleans has a lower property tax rate (0.55% vs 1.8%). On a median-priced home, that means paying $1,348/year vs $9,000/year.

How does rent compare in Austin vs New Orleans?

Median monthly rent: $1,300 in Austin vs $1,271 in New Orleans. Annualized: $15,600 vs $15,252.

What is the median household income in each city?

Austin: $83,800/yr. New Orleans: $52,000/yr (Census ACS).

Which city is better for remote workers?

Lower-cost New Orleans typically lets remote-workers keeping a coastal salary stretch further. Higher-cost cities usually win on amenities and labor-market depth.

Where does the data on this comparison come from?

Numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income), and BEA RPP (cost-of-living index). Each value is timestamped on the page.

How often is this comparison updated?

Source feeds refresh on their native cadence — hourly for mortgage rates, monthly for ZHVI/ZORI, annually for ACS. Page caches revalidate every 24 hours via Next.js ISR.

Does this comparison replace tax or financial advice?

No. This page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.

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Sources & Citations

  1. Zillow Research — Zillow Home Value Index (ZHVI) and Observed Rent Index (ZORI) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates for median household income, median age, commute time — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities (RPP) by state and metro — bea.gov/rpp
  4. Tax Foundation — effective property tax rates and state tax rates — taxfoundation.org
  5. U.S. Bureau of Labor Statistics — unemployment rates and regional CPI — bls.gov
  6. Council for Community and Economic Research (C2ER) — Cost of Living Index — coli.org
Methodology & Assumptions

City-level metrics (median home price, median rent, median household income, property tax rate, COL index, commute, unemployment, median age) are sourced from Zillow ZHVI/ZORI[1], Census ACS 5-year estimates[2], BEA Regional Price Parities[3], Tax Foundation[4], and BLS Local Area Unemployment Statistics[5].

The Cost of Living Index uses 100 = national average (C2ER methodology[6]): values above 100 indicate a city is more expensive than the national average, below 100 less expensive.

Salary equivalence uses the ratio adjustedSalary = salary × (colDestination / colOrigin). This accounts for cost-of-living differences but does not model state income tax variation, which can be significant.

Annual property tax is computed as medianHomePrice × propertyTaxRate. Actual assessed value may differ from sale price. Effective rates vary within a metro; these are metro-wide medians.

Commute-hours calculations assume 250 working days/year and a round-trip commute. "Tied" in the comparison table means values within ±1% of each other.

Last reviewed reflects the maximum retrievedAt timestamp across every sourced dataset feeding this page. When any source refreshes, the next ISR revalidation (every 24 hours) picks the new date.

Cost of living data sourced from [6] C2ER, [2] U.S. Census Bureau, and [1] Zillow Research. Tax rates from [4] Tax Foundation. Last reviewed 2026-06-13.