Jefferson, LA vs New Iberia, LA
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.
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