City Comparison

Irving vs New Orleans

Cost of Living Comparison · 2026

Irving

Texas
100
Average
$318,000
Median Home
$1,350/mo
Median Rent
$73,400
Median Income

New Orleans

Louisiana
97
Average
$245,000
Median Home
$1,200/mo
Median Rent
$43,258
Median Income

The Verdict

3.1%

New Orleans is 3.1% less expensive than Irving overall. A household earning $75,000 in Irving would need approximately $72,750 in New Orleans to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
94
Irving
95
New Orleans
Groceries
99
Irving
99
New Orleans
Utilities
111
Irving
91
New Orleans
Transportation
97
Irving
103
New Orleans
Healthcare
103
Irving
94
New Orleans

Salary Equivalence

A $75,000 salary in Irving has the same purchasing power as $72,750 in New Orleans.

Conversely, $75,000 in New Orleans equals $77,320 in Irving.

Living in Irving vs New Orleans

Housing Costs

Irving's housing index of 94 is lower New Orleans's 95, translating to median home prices of $318,000 vs $245,000. The $73,000 difference in home prices means roughly $4,740 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,350/mo in Irving compared to $1,200/mo in New Orleans, a monthly difference of $150.

Grocery & Food Costs

Grocery expenses index at 99 in Irving and 99 in New Orleans. A household spending the national average of $475/month on groceries would pay approximately $470/month in Irving vs $470/month in New Orleans. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 111 in Irving and 91 in New Orleans. Monthly utility bills average approximately $444 in Irving vs $364 in New Orleans. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 103 in Irving and 94 in New Orleans. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $73,400 in Irving and $43,258 in New Orleans. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $73,400 and $44,596 respectively. Irving residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,713/month to housing in Irving vs $1,009/month in New Orleans. In Irving, median rent of $1,350/mo fits within this budget. In New Orleans, median rent of $1,200/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Utilities, where the gap is 20 index points — focus your budget analysis there.

Frequently Asked Questions

New Orleans is 3.1% more affordable overall with an index of 97 vs 100.
A $75,000 salary in Irving has equivalent purchasing power to approximately $72,750 in New Orleans, based on the cost of living difference.
Irving's housing index is 94 with median homes at $318,000, while New Orleans's is 95 with median homes at $245,000.

Moving & Relocation Resources

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