Houma, LA vs New Iberia, LA

New Iberia is moderately more affordable than Houma, with a 13.3% lower cost of living index. Houma scores 79 compared to 70 for New Iberia, where the US average is 100. This difference means residents of Houma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Houma is $1,011/month compared to $878/month in New Iberia — a 15% difference. Home values follow the same pattern: New Iberia is more affordable at $150,300 median vs $207,900.

Median household income in Houma is $54,637 compared to $50,802 in New Iberia (+7.5%). The higher salaries in Houma partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Houma spend roughly 22.2% of their income on rent, more than the 20.7% in New Iberia.