People are leaving New Orleans in flocks recently and for many reasons. The cost of living, real estate prices, auto insurance, traffic, carjackings, and homicides have people rushing to get out. With the cost of living being 12% higher than the national average, and homeowners insurance being more than 40% higher than the national average, people are reconsidering living in NOLA. Just recently, New Orleans took national news by storm being titled the murder capital of America. It’s hard to ignore the alarming crime rates that include numerous shootings, muggings, and robberies. The crime coupled with the home prices, auto insurance and overall cost of living has residents scrambling to get out of the city. So if you are considering moving to New Orleans, be sure to check this out before doing so.
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*DISCLAIMER* The contents of this video are for strictly educational and entertainment purposes. This video is not intended to provide financial, accounting, tax, or legal advice. For financial or legal advice consult with financial advisor or lawyer.