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How much would I need to make per year to live comfortably in New Orleans?
Posted on 6/29/15 at 9:57 am
Posted on 6/29/15 at 9:57 am
Just spent a few days in New Orleans. I was born there but moved when I was 11. It's still my favorite city in the world.
I was curious though how much one would need to actually live in New Orleans. The following would be preferred:
4 bedroom, 2+ bath house with office space
Easy driving distance to the city (say no more than 30 minutes) and still in an area with fun stuff to do
Good school system (perhaps private schools?)
Safe area
What's the going salary for living in that kind of spot? Where would that spot be?
I was curious though how much one would need to actually live in New Orleans. The following would be preferred:
4 bedroom, 2+ bath house with office space
Easy driving distance to the city (say no more than 30 minutes) and still in an area with fun stuff to do
Good school system (perhaps private schools?)
Safe area
What's the going salary for living in that kind of spot? Where would that spot be?
25
Posted on 6/29/15 at 9:57 am to StringedInstruments
how many kids do you have?
Posted on 6/29/15 at 9:57 am to StringedInstruments
Yeah, that's going to be you living in Mandeville or Covington.
Posted on 6/29/15 at 9:58 am to StringedInstruments
quote:
live in New Orleans
quote:
Easy driving distance to the city (say no more than 30 minutes)
quote:
Safe area
which is it?
Posted on 6/29/15 at 10:00 am to StringedInstruments
quote:
Just spent a few days in New Orleans. I was born there but moved when I was 11. It's still my favorite city in the world.
I was curious though how much one would need to actually live in New Orleans. The following would be preferred:
4 bedroom, 2+ bath house with office space
Easy driving distance to the city (say no more than 30 minutes) and still in an area with fun stuff to do
Good school system (perhaps private schools?)
Safe area
What's the going salary for living in that kind of spot? Where would that spot be?
You can live within NOLA area, make less than $100k as a family and still live in a 2,000 sqft house and send your kids to private school (or magnets if you hit the lottery- they have lotteries for admission).
This post was edited on 6/29/15 at 10:01 am
Posted on 6/29/15 at 10:00 am to StringedInstruments
The 4 bedroom house thing is going to narrow down your choices really. I guess the Northshore would check off most of your boxes. Parts of Metairie and Algiers would fit your criteria too. To live in any decent area of any of the above places and be comfortable it would probably take a household income north of $80-$90K.
eta: You said 3 kids? Better bump that income up to over $120k.
eta: You said 3 kids? Better bump that income up to over $120k.
This post was edited on 6/29/15 at 10:02 am
Posted on 6/29/15 at 10:01 am to StringedInstruments
quote:
4 bedroom, 2+ bath house with office space
This house is a solid half milion at best in Orleans Parish I'd imagine
Posted on 6/29/15 at 10:02 am to StringedInstruments
quote:
4 bedroom, 2+ bath house with office space
That's a pretty large house. Would have to be Metairie, Kenner, Lakeview, Gentilly, Northshore, most likely.
A house of that size in Metairie would probably be at least 350-400 I would think. Lakeview a bit more. Gentilly less.
Good school system? Lol. They would need to go to Catholic Schools or other private schools.
Posted on 6/29/15 at 10:06 am to StringedInstruments
Do you know how to take a bullet ? Can you fix a gunshot wound ?
Posted on 6/29/15 at 10:09 am to StringedInstruments
We moved to an older, established part of Algiers for all of the reasons in the OP plus my wife and I both work on the Wank and we're in the same neighborhood with some other family members. The only thing that wasn't a factor was the school system because I'm never going to send my kid to Karr. Private school is just going to be like an electric bill to us. It's just a necessity.
Posted on 6/29/15 at 10:10 am to StringedInstruments
You will get a lot of naysayers but what it comes down to is you can do it if you really want to be in New Orleans. You can live relatively safely in Mid City or Lakeview, get a comfortable enough house, and send your 2-3 kids to a good public charter like Hynes or one of the International schools or send to Catholic school; for $100,000 or so a year salary. I know people who do it for less.
Posted on 6/29/15 at 10:12 am to StringedInstruments
Live in Metry, 5-10 minutes from downtown, depending on the traffic... in a 4 bedroom 2.5 bath house.. Wife and I earn over 120 a year, kids go to catholic school.. I wouldn't say we live from paycheck to paycheck; however, some of our play money gets used up...
This post was edited on 6/29/15 at 10:17 am
Posted on 6/29/15 at 10:21 am to StringedInstruments
quote:
What's the going salary for living in that kind of spot?
For all that, I'd want at least $120k a year.
Posted on 6/29/15 at 10:22 am to StringedInstruments
I'd start scouting schools first and decide from there. You can save a lot by applying to some of the charter schools. Here's a good one if you get lucky enough to get in.
LINK /
You can find affordable good housing essentially anywhere within 30 minutes of the city in every direction. You can make less than 80k a year and live very comfortably in New Orleans. I'd say less but this is the OT.
LINK /
You can find affordable good housing essentially anywhere within 30 minutes of the city in every direction. You can make less than 80k a year and live very comfortably in New Orleans. I'd say less but this is the OT.
Posted on 6/29/15 at 10:23 am to StringedInstruments
Don't raise your kids in New Orleans unless you're prepared to spend at least 1/3-1/4th of your tuition on private school.
Posted on 6/29/15 at 10:27 am to StringedInstruments
Uptown New Orleans you'd probably need to make about 200k+ if you want a house that big and pay for private school for 3 kids. Probably at least 150k if you want to live in New Orleans proper and have a house that size, while sending 3 kids to private school.
Posted on 6/29/15 at 10:31 am to StringedInstruments
This thread is an anomaly. Usually you ask this "how much money do I need to make to live ________" and everyone tells you $500k or something more ridiculous.
Posted on 6/29/15 at 10:37 am to StringedInstruments
3 kids and 4/2?
I'd say $150k to live comfortably in a suburb. Any less and you are gonna have to think about smaller purchases
I'd say $150k to live comfortably in a suburb. Any less and you are gonna have to think about smaller purchases
Posted on 6/29/15 at 10:43 am to StringedInstruments
quote:
Good school system (perhaps private schools?)
Yeah, perhaps. (Don't crucify me, Ben Franklin kids)
Anyway, the answer to your question is: however much operators make.
Posted on 6/29/15 at 11:03 am to StringedInstruments
Live in st Charles parish, more house for the money, zero crime, great schools, 15 minutes to the city, minus traffic of course. Many back roads to take
Eta: live close to the river and flood insurance is 400 dollars a year
Eta: live close to the river and flood insurance is 400 dollars a year
This post was edited on 6/29/15 at 11:05 am
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