El Paso is 26% cheaper than New Orleans.
When comparing El Paso, TX and New Orleans, LA, the overall cost of living indices are 67 and 90 respectively (national median = 100). Rent is $170/month cheaper in El Paso, saving renters about $2,040/year.
Median household income is $3,395/year higher in El Paso. Home values also differ significantly — the median in El Paso is $171,700 compared to $296,400 in New Orleans.
Texas has no state income tax, giving El Paso residents a significant tax advantage over Louisiana's 4.25% rate.
El Paso vs New Orleans — common questions
Other cost of living comparisons for El Paso and New Orleans