Cost of Living: New orleans, LA vs Milton, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New orleans | Milton |
|---|---|---|
| Housing Index | 112.0 | Data is updating |
| Median Home Price | $305,000 | $275,000 |
| Average Rent (2 BR Apartment) | $1500 | $Data is updating |
| Average Rent (2 BR House) | $1600 | $Data is updating |
Housing Comparison: New orleans vs Milton
- In New orleans, the median home price is higher at $305,000, while in Milton it is $275,000.
- The rent for a two-bedroom apartment is equal in both New orleans and Milton at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New orleans | Milton |
|---|---|---|
| Electricity Price | $11.42 | $12.57 |
| Natural Gas Price | $19.48 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: New orleans vs Milton
- Milton has higher electricity costs at $12.57 per kWh, versus $11.42 in New orleans.
- Natural gas is more expensive in New orleans at $19.48 per unit, while it is cheaper at $12.35 in Milton.
- Utility expenses are equal in both New orleans and Milton averaging $250.