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Central, LA vs New Iberia, LA

96
Central
Louisiana
VS
+37.6%
70
New Iberia
Louisiana

The cost of living difference between Central, LA and New Iberia, LA is dramatic. New Iberia is 37.6% cheaper than Central, a gap that translates to thousands of dollars per year in household expenses. Central has a cost index of 96 while New Iberia sits at 70, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Central is $1,373/month compared to $878/month in New Iberia — a 56% difference. Home values follow the same pattern: New Iberia is more affordable at $150,300 median vs $270,700.

Median household income in Central is $90,091 compared to $50,802 in New Iberia (+77.3%). While Central is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Central spend roughly 18.3% of their income on rent, less than the 20.7% in New Iberia.

Income & Cost

Cost of Living Index
Central
96
New Iberia
70
27% cheaper
Median Household Income
Central
$90,091
44% higher
New Iberia
$50,802

Housing

Median Rent
Central
$1,373
New Iberia
$878
36% cheaper
Median Home Value
Central
$270,700
New Iberia
$150,300
44% cheaper
Population
Central
29,603
New Iberia
27,926

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Central $2.85
New Iberia $2.85
US $3.07
🥚
Eggs (grade A, large)
Central $2.33
New Iberia $2.33
US $2.50
🥛
Milk (whole)
Central $3.74
New Iberia $3.74
US $4.03
🍞
Bread (white)
Central $1.72
New Iberia $1.72
US $1.85
🍗
Chicken breast
Central $3.85
New Iberia $3.85
US $4.14
Electricity
Central $0.15
New Iberia $0.14
US $0.19