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Providence vs New Orleans

Cost of living comparison — C2ER 2024-2025 data

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New Orleans is 15% cheaper than Providence overall.Providence has a cost of living index of 115 vs New Orleans at 98 (national average = 100). The biggest difference is housing Providence costs 24% more.

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Providence
RI
115
COLI index
VS
New Orleans
LA
98
COLI index

Category Breakdown

CategoryProvidenceNew OrleansDifference
Overall COLI11598-15%
Housing148112-24%
Groceries106103-3%
Transport105102-3%
Healthcare108103-5%
Utilities132113-14%

Median 1BR Rent

Providence
$1,650/mo
New Orleans
$1,400/mo

Median Home Price

Providence
$345,000
New Orleans
$250,000

Median Household Income

Providence
$50,240
New Orleans
$45,615

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Frequently Asked Questions

New Orleans is cheaper to live in overall. Providence has a cost of living index of 115 while New Orleans has an index of 98, where 100 represents the US national average. New Orleans is 15% cheaper than Providence overall.

The median 1-bedroom rent in Providence is $1,650 per month compared to $1,400 in New Orleans. The median home price in Providence is $345,000 versus $250,000 in New Orleans. Housing is typically the largest factor in cost of living differences between cities.

Providence has a cost of living index of 115 and New Orleans has an index of 98, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Providence, multiply by 0.85. For example a $75,000 salary in Providence is equivalent to approximately $63,913 in New Orleans.

Providence has a median household income of $50,240 per year versus $45,615 in New Orleans. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Providence to New Orleans is worthwhile depends on your salary, lifestyle, and priorities. New Orleans is 15% cheaper overall — with the biggest difference in housing. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.

Last updated: June 2026

Methodology: Cost of living indices from C2ER Cost of Living Index 2024-2025. Rent data from Zillow December 2024. Home price data from Zillow Home Value Index December 2024. Household income from US Census Bureau ACS 2023. National average COLI = 100. Data updated annually.