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Jefferson, LA vs New Iberia, LA

85
Jefferson
Louisiana
VS
+22%
70
New Iberia
Louisiana

There is a significant gap in the cost of living between these two cities. New Iberia is 22% cheaper than Jefferson. With a cost index of 70 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Iberia to Jefferson should plan for substantially higher expenses across most categories.

On the housing front, median rent in Jefferson is $1,104/month compared to $878/month in New Iberia — a 26% difference. Home values follow the same pattern: New Iberia is more affordable at $150,300 median vs $238,000.

Median household income in Jefferson is $56,875 compared to $50,802 in New Iberia (+12%). The higher salaries in Jefferson partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Jefferson spend roughly 23.3% of their income on rent, more than the 20.7% in New Iberia.

Income & Cost

Cost of Living Index
Jefferson
85
New Iberia
70
18% cheaper
Median Household Income
Jefferson
$56,875
11% higher
New Iberia
$50,802

Housing

Median Rent
Jefferson
$1,104
New Iberia
$878
20% cheaper
Median Home Value
Jefferson
$238,000
New Iberia
$150,300
37% cheaper
Population
Jefferson
9,984
New Iberia
27,926

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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