Gretna, LA vs New Iberia, LA

There is a significant gap in the cost of living between these two cities. New Iberia is 18.8% cheaper than Gretna. With a cost index of 70 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Iberia to Gretna should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gretna is $1,017/month compared to $878/month in New Iberia — a 16% difference. Home values follow the same pattern: New Iberia is more affordable at $150,300 median vs $242,600.

Median household income in Gretna is $46,045 compared to $50,802 in New Iberia (-9.4%). New Iberia offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gretna spend roughly 26.5% of their income on rent, more than the 20.7% in New Iberia.