CostIndexUSA

New Orleans, LA vs Oklahoma City, OK Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

LA
New Orleans
92.6
overall index
$1,575/mo rent
More AffordableOK
Oklahoma City
90.4
overall index
$1,350/mo rent

Oklahoma City is slightly cheaper than New Orleans — 2.4% lower overall cost of living.

To match an $80,000 salary in New Orleans, you would need $78,100 in Oklahoma City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing14.1%
New Orleans
86
Oklahoma City
73.9
🛒 Groceries≈ Equal
New Orleans
93.7
Oklahoma City
93.8
🚗 Transportation≈ Equal
New Orleans
100.5
Oklahoma City
100.2
🏥 Healthcare≈ Equal
New Orleans
90.9
Oklahoma City
90.7
Utilities+4.1%
New Orleans
71.2
Oklahoma City
74.1

Salary Equivalency Calculator

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

$
Equivalent salary in Oklahoma City, OK
$78,100
$1,900 less needed in Oklahoma City

Formula: salary × (90.4 ÷ 92.6) = salary × 0.9762. Based on BEA Regional Price Parities.

Housing Market

New Orleans, LA

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

Oklahoma City, OK

Median Home Price
$239,000
Median Monthly Rent
$1,350
Housing Index
73.9
Price-to-Rent Ratio
14.8×

New Orleans has 14.1% lower housing costs compared to Oklahoma City.

Income & Job Market

New Orleans, LA

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

Oklahoma City, OK

Median Household Income
$69,900
Per Capita Income
$39,800
Unemployment Rate
4.5%
Population
681,054
Top Industries
EnergyGovernmentHealthcareAgricultureAerospace

Affordability at a Glance

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

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

69% of income left after rent (median)

Oklahoma City, OK
4.3×income-to-rent ratio

77% 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.