Lafayette vs New Orleans

The short version

  • Lafayette is cheaper overall: prices in its metro run 6% lower than in the New Orleans area (BEA 2024).
  • The median home costs $257,000 in Lafayette and $315,700 in New Orleans.
  • Households earn more in Lafayette ($61,915 vs $56,631 median).
  • Lafayette is growing faster: +1.6% since 2020 vs -5.7%.

Side by side

Lafayette, LANew Orleans, LA
People
Population (2025)123,311362,154
Growth since 2020+1.6%-5.7%
People per square mile2,1952,137
Median age36.938.8
Bachelor's degree or higher41%42%
Money and housing
Median household income$61,915$56,631
Median home value$257,000$315,700
Home value to income4.2×5.6×
Median rent (with utilities)$1,100$1,251
Metro price level (US = 100)87.292.6
Housing price level (US = 100)58.886.0
$75,000 elsewhere equals$65,400$69,400
Homeowners53%51%
Top state income tax3%3%
Combined sales tax10.13%10.13%
Work and commute
Average commute (minutes)20.022.6
Work from home10%15%
Take public transit1%5%
Unemployment (2020-24 avg)5.2%7.5%
Poverty rate18.3%22.6%
Weather
January high / low62° / 44°61° / 47°
July high / low92° / 75°91° / 78°
Precipitation per year63 in60 in
Snowfall per year0 in0 in
Days 90°F or hotter9186
Nights below freezing112
Comfortable months33
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively HighRelatively High
FEMA risk score (lower is safer)95.298.3
Good air days, 202564%52%
Home prices, past year+5.6%+2.7%
Home prices, past 5 years+25.3%+13.9%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

40°50°60°70°80°90°100°JanFebMarAprMayJunJulAugSepOctNovDec
Lafayette New Orleans. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Lafayette: February to March and November. New Orleans: February and October to November.

Full monthly tables: Lafayette weather by month and New Orleans weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $65,400 in Lafayette and $69,400 in New Orleans. Moving from Lafayette to New Orleans, you would need about $79,600 to match a $75,000 salary.

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Moving between Lafayette and New Orleans

150people moved from Lafayette Parish, LA to Orleans Parish, LA in a year
124moved the other way

IRS county-to-county migration, 2022 to 2023 tax years, for the counties that contain each city. See where else people move from Lafayette and New Orleans.

Which would you pick?

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