Quality of Life in New Orleans, LA for an Income of $118,425

Cost of Living

• Overview:

  • The cost of living in New Orleans is relatively moderate compared to major urban centers like New York or San Francisco. While not the cheapest in the nation, it offers a balance that appeals to those seeking both cultural vibrancy and economic feasibility.

• Utilities & Services:

  • Utility costs such as electricity and water are on par with the national average.
  • Food and grocery prices are slightly lower than the national average, which can lead to savings over time.

• Transportation:

  • Public transportation options are available but limited compared to major cities. Most residents opt for personal vehicles, with gas prices aligning closely with national averages.

Housing Market

• Home Prices:

  • The median home price in New Orleans is slightly below the national average. This means that someone earning $118,425 annually could comfortably afford a mid-range home within the city.

• Rental Market:

  • Rent prices vary by neighborhood but generally are considered affordable relative to the income level.

Quality of Life

• Cultural Scene:

  • New Orleans boasts a rich cultural tapestry, with world-renowned music, food, and art scenes contributing to a vibrant lifestyle.
  • The city's festivals and nightlife provide a unique living experience unmatched by many other U.S. cities.

• Recreational Activities:

  • Proximity to natural landscapes like the Mississippi River and various parks offers ample outdoor recreation opportunities.
  • Access to varied dining and entertainment options enhances life quality.

Access to Healthcare

• Healthcare Facilities:

  • New Orleans has several high-quality healthcare facilities, including hospitals and clinics, ensuring residents have access to essential health services.

• Healthcare Costs:

  • Healthcare costs are slightly above the national median, but generally remain manageable within the given income range.

Quality of K-12 Schools

• Public Schools:

  • The quality of public education can vary significantly within the city, with some schools achieving higher ratings than others.
  • Selective charter schools and magnet programs offer alternatives for higher educational standards.

• Private Education:

  • Those seeking private education for their children will find several reputable private schools within the city, albeit at a cost reflective of the quality provided.

Assessment Summary

A person earning $118,425 annually in New Orleans