DegreeCalc

Economics Degree in New Orleans, LA — Salary & ROI 2026

Economics degree analysis for New Orleans, LA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$59K

COL-adjusted

Mid-Career

$90K

COL-adjusted

ROI Payback

3 yrs

in New Orleans

Cost of Living

90

index (100 = avg)

Economics in New Orleans, LA Overview

New Orleans is one of Louisiana's top college towns, with 23 institutions and a student population of 36,626. Public tuition averages $8,834/year here — well below the national average, making it a cost-effective choice. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in New Orleans is approximately $58,500, growing to $90,000 by mid-career.

Category

Business

Local Colleges

23

Public Tuition

$8,834/yr

Private Tuition

$53,112/yr

Room & Board

$11,173/yr

Avg Fin. Aid

$15,952/yr

Unemployment

4.7%

Graduation Rate

70%

Economics Salary in New Orleans (COL-Adjusted)

Salaries adjusted for New Orleans's cost of living index of 90 (national average = 100).

Entry Level (0-2 yrs)
$58,500($-6,500 vs national)
Mid Career (5-9 yrs)
$90,000($-10,000 vs national)
Senior Level (15+ yrs)
$117,000($-13,000 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.New Orleans adjustment factor: 0.90x based on the local cost of living index.

Economics ROI Calculator for New Orleans

Estimate your return on investment for a Economics degree using local New Orleans tuition and cost of living data.

Public avg: $8,834 | Private avg: $53,112

New Orleans avg aid: $15,952/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$80,028

tuition + room & board - aid

Annual Earnings Premium

$27,000

vs HS diploma in New Orleans

ROI Payback Period

3 years

to break even

Lifetime Return in New Orleans

$684,972

Lifetime earnings premium ($765,000) minus total education cost ($80,028)

Student Loan Payoff for Economics in New Orleans

Standard Plan (10 years)

Loan Amount$80,028
Monthly Payment$909
Total Interest$29,016
% of Monthly Income19%

Aggressive Plan (5 years)

Loan Amount$80,028
Monthly Payment$1,566
Total Interest$13,922
Interest Savings$15,094

Colleges in New Orleans for Economics

Tulane University

private

$62,844/yr

$251,376 total

University of New Orleans

public

$8,834/yr

$35,336 total

Loyola University New Orleans

private

$43,380/yr

$173,520 total

Community Colleges (2-Year Transfer)

Delgado Community College

$4,236/yr

Top Employers for Economics in New Orleans

New Orleans offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:

Federal ReserveWorld BankMcKinseyGoldman SachsIMF

Key New Orleans Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in New Orleans — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Economics ROI in other cities, or explore other majors in New Orleans.

Frequently Asked Questions

Related Calculators