Cost of living in Metairie research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Metairie is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Louisiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Metairie is 102, with 100 being the average.
The cost of living index in Metairie is 1.0x higher than the national average.
Metairie ranks as the #96 cheapest in Louisiana out of 109.
Metairie ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Metairie is $261,400.
The median income in Metairie is $65,740.
According to the most recent data on the cost of living, Metairie has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Louisiana, Metairie has a cost of living index that's 1.1x higher than Louisiana's index of 92.
The standard of living in Metairie ranks as #96 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Metairie ranks as the #13 most expensive place in the Pelican State.
For more reading on life in Metairie, check out:
Six factors go into calculating the cost of living index in Metairie. Here is how it fairs on each of the criteria:
The Services index in Metairie is 106.
The Groceries index in Metairie is 101.
The Health index in Metairie is 117.
The Housing index in Metairie is 110.
The Transportation index in Metairie is 99.
The Utilities index in Metairie is 74.
Living Expense | Metairie | Louisiana | National Average | |
---|---|---|---|---|
Overall | 102 | 92 | 100 | |
Services | 106 | 96 | 100 | |
Groceries | 101 | 96 | 100 | |
Health | 117 | 99 | 100 | |
Housing | 110 | 83 | 100 | |
Transportation | 99 | 96 | 100 | |
Utilities | 74 | 86 | 100 |
Housing swings affordability the most between places in Louisiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Metairie is $261,400.
The Median Rent in Metairie is $1,004.
The Median Income in Metairie is $65,740.
The Home Value To Income in Metairie is 4.0x.
The Rent To Monthly Income in Metairie is 0.18x.
Statistic | Metairie | Louisiana | United States |
---|---|---|---|
Median Home Value | $261,400 | $174,000 | $244,900 |
Median Rent | $1,004 | $923 | $1,163 |
Median Income | $65,740 | $53,571 | $69,021 |
Home Value To Income | 4.0x | 3.2x | 3.5x |
Rent To Monthly Income | 0.18x | 0.21x | 0.2x |
The cost of living varies in the cities and towns around Metairie. Here's a quick look at the cost of living in the most populous nearby places:
New Orleans, LA has a cost of living index of 100, 1.0x Metairie.
Kenner, LA has a cost of living index of 99, 1.0x Metairie.
Marrero, LA has a cost of living index of 90, 0.9x Metairie.
City | Population | Cost Of Living | Vs. Metairie |
---|---|---|---|
New Orleans, LA | 383,974 | 100 | 1.0x |
Kenner, LA | 66,411 | 99 | 1.0x |
Marrero, LA | 31,928 | 90 | 0.9x |
Chalmette, LA | 21,981 | 94 | 0.9x |
Harvey, LA | 20,942 | 92 | 0.9x |
Gretna, LA | 17,836 | 97 | 1.0x |
Estelle, LA | 17,650 | 96 | 0.9x |
River Ridge, LA | 13,435 | 106 | 1.0x |
Waggaman, LA | 11,161 | 91 | 0.9x |
Jefferson, LA | 10,500 | 99 | 1.0x |