Salary Needed to Live in New Orleans as a Family
A family of four (2 adults, 2 children) needs approximately $55,580/year to live comfortably in New Orleans, LA — including 15% savings.
Comfortable Salary
$55,580
with 15% savings
Bare Minimum
$44,464
no savings buffer
Monthly Expenses
$2,779
5% below national avg
Detailed Monthly Budget for a Family in New Orleans
| Expense | New Orleans | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $162 | $209 | -22% |
| 🛒 Groceries | $47 | $44 | +7% |
| ⚡ Utilities | $26 | $28 | -7% |
| 🚗 Transportation | $46 | $44 | +5% |
| 🛡️ Car Insurance | $195 | $223 | -13% |
| 🏥 Health Insurance | $41 | $56 | -27% |
| Childcare/After-school | $1,164 | $1,200 | -3% |
| Internet + Phones | $175 | $180 | -3% |
| Children Activities | $243 | $250 | -3% |
| Dining Out | $340 | $350 | -3% |
| School Supplies & Clothing | $194 | $200 | -3% |
| Healthcare Co-pays | $146 | $150 | -3% |
| Total Monthly | $2,779 | $2,934 | -5% |
How We Calculated the Salary
Monthly expenses:$2,779
Target savings (15%):$613/mo
Monthly after-tax needed:$3,392
Effective tax rate:25%
Gross annual salary needed:$55,580
Other Household Types in New Orleans
Related Pages
FAQ
What salary does a family with kids need in New Orleans?
A family with kids needs approximately $55,580/year ($4,632/month gross) to live comfortably in New Orleans with a 15% savings rate.
How much is rent for a family with kids in New Orleans?
A 3br apartment/house in New Orleans costs approximately $162/month, which is the largest single expense at 6% of the total budget.
Is New Orleans affordable for a family with kids?
New Orleans is roughly average for family with kids costs, requiring a salary close to the national median.