CostByCity

Hot Springs, AR vs New Orleans, LA

Cost of Living Comparison

Hot Springs, AR is more affordable by 6.9 index points

Side-by-Side Comparison

CategoryHot Springs, ARNew Orleans, LADifference
Overall85.792.6-6.9
Housing57.386.0-28.7
Goods93.693.7-0.1
Utilities74.371.2+3.0
Other Services95.395.7-0.4

Income & Housing Comparison

MetricHot Springs, ARNew Orleans, LA
Median Household Income$54,229$62,748
Median Home Value$166,600$242,600
Median Monthly Rent$913$1,151
Per Capita Income$31,854$36,735

Frequently Asked Questions

Is Hot Springs, AR or New Orleans, LA cheaper to live in?
Hot Springs, AR is more affordable. The cost of living difference is 6.9 index points (Hot Springs, AR: 85.7, New Orleans, LA: 92.6).
Where is housing cheaper, Hot Springs, AR or New Orleans, LA?
Housing is more affordable in Hot Springs, AR. Housing index: Hot Springs, AR (57.3) vs New Orleans, LA (86.0).