HomePricePeek

Montevideo vs New Orleans

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Montevideo vs New Orleans

Montevideo is 36% more affordable for homebuyers. Montevideo has a price-to-income ratio of 7.2x compared to 4.5x in New Orleans.

MetricMontevideoNew Orleans
Avg Home Price$160,000$250,000
Price / sqm$2,500$2,500
Rent (1BR)$550/mo$1,200/mo
Rent (3BR)$950/mo$1,800/mo
Price-to-Income7.2x4.5x
Mortgage Rate9.5%6.8%
1yr Change+1.8%+3.8%
Median Income$22,000/yr$56,000/yr
Population1,800,000390,000
MontevideoView full details โ†’New OrleansView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Montevideo or New Orleans more expensive?
Montevideo is more affordable. Home prices differ by $90,000 (36%).
Which city has cheaper rent, Montevideo or New Orleans?
Rent for a 1BR in Montevideo is $550/mo vs $1,200/mo in New Orleans.

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