HomePricePeek

Boston vs New Orleans

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Boston vs New Orleans

New Orleans is 64% more affordable for homebuyers. Boston has a price-to-income ratio of 8.8x compared to 4.5x in New Orleans.

MetricBostonNew Orleans
Avg Home Price$700,000$250,000
Price / sqm$9,200$2,500
Rent (1BR)$2,800/mo$1,200/mo
Rent (3BR)$4,200/mo$1,800/mo
Price-to-Income8.8x4.5x
Mortgage Rate6.8%6.8%
1yr Change+1.8%+3.8%
Median Income$80,000/yr$56,000/yr
Population680,000390,000
BostonView full details โ†’New OrleansView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Boston or New Orleans more expensive?
New Orleans is more affordable. Home prices differ by $450,000 (64%).
Which city has cheaper rent, Boston or New Orleans?
Rent for a 1BR in Boston is $2,800/mo vs $1,200/mo in New Orleans.

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