CostIndexUSA

Colorado Springs, CO vs New Orleans, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CO
Colorado Springs
100.7
overall index
$1,675/mo rent
More AffordableLA
New Orleans
92.6
overall index
$1,575/mo rent

New Orleans is moderately cheaper than Colorado Springs — 8.0% lower overall cost of living.

To match an $80,000 salary in Colorado Springs, you would need $73,600 in New Orleans. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing26.0%
Colorado Springs
116.2
New Orleans
86
🛒 Groceries2.5%
Colorado Springs
96.1
New Orleans
93.7
🚗 Transportation4.1%
Colorado Springs
104.8
New Orleans
100.5
🏥 Healthcare4.1%
Colorado Springs
94.8
New Orleans
90.9
Utilities14.4%
Colorado Springs
83.2
New Orleans
71.2

Salary Equivalency Calculator

Enter your current salary in Colorado Springs to see what you'd need to earn in New Orleans to maintain the same purchasing power.

$
Equivalent salary in New Orleans, LA
$73,600
$6,400 less needed in New Orleans

Formula: salary × (92.6 ÷ 100.7) = salary × 0.9196. Based on BEA Regional Price Parities.

Housing Market

Colorado Springs, CO

Median Home Price
$448,000
Median Monthly Rent
$1,675
Housing Index
116.2
Price-to-Rent Ratio
22.3×

New Orleans, LA

Median Home Price
$253,000
Median Monthly Rent
$1,575
Housing Index
86
Price-to-Rent Ratio
13.4×

Colorado Springs has 26.0% lower housing costs compared to New Orleans.

Income & Job Market

Colorado Springs, CO

Median Household Income
$89,800
Per Capita Income
$51,200
Unemployment Rate
4.2%
Population
478,961
Top Industries
MilitaryAerospaceTechnologyHealthcareTourism

New Orleans, LA

Median Household Income
$61,000
Per Capita Income
$34,800
Unemployment Rate
5%
Population
383,997
Top Industries
TourismEnergyHealthcareShippingEntertainment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Colorado Springs, CO
4.5×income-to-rent ratio

78% of income left after rent (median)

New Orleans, LA
3.2×income-to-rent ratio

69% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.