Fifth Ward, LA vs Iowa, LA

Fifth Ward, LA and Iowa, LA have a very similar cost of living, with only a 1.3% difference in their overall index. Fifth Ward scores 82 while Iowa scores 83 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

Renters will find that Fifth Ward has a median rent of $875/month while Iowa comes in at $1,070/month, a 18% difference.

Median household income in Fifth Ward is $49,788 compared to $72,868 in Iowa (-31.7%). While Iowa is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fifth Ward spend roughly 21.1% of their income on rent, more than the 17.6% in Iowa.