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Cost of Living in Metairie, LA

Population 139,729 · Census ACS 2020–2024 5-year estimates

Median rent$1,175
Median home value$327,500
Median household income$73,042

The median rent in Metairie, LA is $1,175/month, 10% higher than the Louisiana median and 17% lower than the U.S. median. The median home value is $327,500, about the same as the national median. Households earn a median of $73,042 a year, 20% higher than the state median.

Affordability

Rent as a share of median income: 19.3%
Income needed for median rent (30% rule): $47,000/yr
Home price-to-income ratio: 4.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,656/mo

Run your own numbers: mortgage calculator · hourly to salary

Metairie vs. Louisiana vs. U.S.

MetairieLouisianaU.S.
Median rent$1,175$1,064$1,413
Median home value$327,500$216,500$332,700
Median household income$73,042$60,756$80,734
Homeownership rate62.1%67.4%65.2%
Bachelor's degree or higher41.2%27.0%35.7%
Poverty rate12.5%18.9%12.5%
Unemployment rate4.6%6.3%5.2%
Work from home10.5%8.1%15.1%
Median age41.338.038.9

FAQ

What is the average rent in Metairie, LA?

The median gross rent in Metairie, LA is $1,175 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Metairie, LA?

Using the common 30% rule, renting a median-priced home takes about $47,000 a year in gross income.

Is Metairie, LA expensive to live in?

Rent there is 17% lower than the U.S. median, and the median home costs about 4.5 times the median household income.

Other cities in Louisiana

New Orleans, LARent $1,251 · Income $56,631Baton Rouge, LARent $1,067 · Income $49,994Shreveport, LARent $987 · Income $48,699Lafayette, LARent $1,100 · Income $61,915Lake Charles, LARent $1,109 · Income $59,235Kenner, LARent $1,179 · Income $64,020

Cities with a similar cost of living

Omaha, NERent $1,187 · Income $73,201St. Clair Shores, MIRent $1,183 · Income $73,500Lawrence, INRent $1,178 · Income $74,022Huntsville, ALRent $1,171 · Income $74,714Wyoming, MIRent $1,196 · Income $73,677Sanford, MERent $1,152 · Income $72,524

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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