Median rent is 11% lower in New Orleans ($1,251/mo vs $1,413/mo). Buying is cheaper in New Orleans, where the median home runs $315,700 versus $372,900. Households earn more in Madison ($78,050 vs $56,631 a year).
City A
Madison, WI
City B
New Orleans, LA
How much would you need to earn in New Orleans, LA to maintain your standard of living from Madison, WI?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Madison
Wisconsin
New Orleans
Louisiana
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rent is modestly lower in New Orleans at $1,251/mo compared to $1,413/mo in Madison (11% gap). Median home values are within 15% of each other: $372,900 in Madison and $315,700 in New Orleans.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Madison
Income tax: N/A
Sales tax: N/A
New Orleans
Income tax: N/A
Sales tax: N/A
Madison has cleaner air on average: 27.0 AQI (Good) compared to 52.0 AQI (Moderate) in the other city. Lower AQI means cleaner, healthier air.
Pick Madison if you prioritize higher median household income ($78,050/yr).
Pick New Orleans if you prioritize cheaper rent ($1,251/mo median).
Pick Madison if you prioritize cleaner air quality (avg AQI 27.0).
Is Madison cheaper than New Orleans?
Cost of living index data is not yet available for one or both cities.
How much is rent in Madison vs New Orleans?
Median rent is $1,413/mo in Madison, WI and $1,251/mo in New Orleans, LA. New Orleans, LA has the lower rent by about 11%.
Which has higher salaries — Madison or New Orleans?
Median household income is $78,050 in Madison, WI and $56,631 in New Orleans, LA. Madison, WI has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Madison, WI has better air quality on average: 27.0 AQI versus 52.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Madison or New Orleans?
State tax data is not yet available for one or both cities.
What salary do I need in New Orleans to match my Madison income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
