New Orleans is 10% more expensive than Lakeland.
When comparing New Orleans, LA and Lakeland, FL, the overall cost of living indices are 90 and 82 respectively (national median = 100). Rent is $88/month cheaper in New Orleans, saving renters about $1,056/year.
Median household income is $5,608/year higher in Lakeland. Home values also differ significantly — the median in New Orleans is $296,400 compared to $229,100 in Lakeland.
Florida has no state income tax, giving Lakeland residents a significant tax advantage over Louisiana's 4.25% rate.
New Orleans vs Lakeland — common questions
Other cost of living comparisons for New Orleans and Lakeland