Shreveport, LA Cost Of Living
Cost Of Living In Shreveport, LA Summary
Cost of living in Shreveport research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Shreveport is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Louisiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Shreveport is 88, with 100 being the average.
The cost of living index in Shreveport is 0.9x lower than the national average.
Shreveport ranks as the #36 cheapest in Louisiana out of 109.
Shreveport ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Shreveport is $155,000.
The median income in Shreveport is $41,782.
Table Of Contents
Shreveport's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Shreveport, LA?
According to the most recent data on the cost of living, Shreveport has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Louisiana, Shreveport has a cost of living index that's 1.0x lower than Louisiana's index of 92.
The standard of living in Shreveport ranks as #36 most affordable out of the 109 places we measured in Louisiana. By definition, that implies Shreveport ranks as the #73 most expensive place in the Pelican State.
For more reading on life in Shreveport, check out:
- Living In Shreveport
- Shreveport Crime Report
- Search Homes For Sale In Shreveport, LA
In Louisiana
In America
Shreveport Cost Of Living Vs. Louisiana
Six factors go into calculating the cost of living index in Shreveport. Here is how it fairs on each of the criteria:
The Services index in Shreveport is 96.
The Groceries index in Shreveport is 101.
The Health index in Shreveport is 101.
The Housing index in Shreveport is 76.
The Transportation index in Shreveport is 94.
The Utilities index in Shreveport is 87.
| Living Expense | Shreveport | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 88 | 92 | 100 | |
| Services | 96 | 96 | 100 | |
| Groceries | 101 | 96 | 100 | |
| Health | 101 | 99 | 100 | |
| Housing | 76 | 83 | 100 | |
| Transportation | 94 | 96 | 100 | |
| Utilities | 87 | 86 | 100 | |
Shreveport, LA Housing Cost Breakdown
Housing swings affordability the most between places in Louisiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Shreveport is $155,000.
The Median Rent in Shreveport is $867.
The Median Income in Shreveport is $41,782.
The Home Value To Income in Shreveport is 3.7x.
The Rent To Monthly Income in Shreveport is 0.25x.
| Statistic | Shreveport | Louisiana | United States |
|---|---|---|---|
| Median Home Value | $155,000 | $174,000 | $244,900 |
| Median Rent | $867 | $923 | $1,163 |
| Median Income | $41,782 | $53,571 | $69,021 |
| Home Value To Income | 3.7x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.21x | 0.2x |
Median Home Value
Median Rent
Median Income
Shreveport, LA Costs By Category
Detailed Shreveport Services Costs Vs. Louisiana
| Item | Shreveport | Louisiana |
|---|---|---|
| Shampoo | $1.08 | $1.06 |
| Movie | $10.41 | $10.68 |
| Bowling | $15.0 | $14.67 |
| Haircut | $17.43 | $18.62 |
| Beauty Salon | $33.55 | $39.05 |
Detailed Shreveport Groceries Costs Vs. Louisiana
| Item | Shreveport | Louisiana |
|---|---|---|
| Ground Beef | $4.29 | $4.22 |
| Fried Chicken | $1.23 | $1.39 |
| Milk | $2.02 | $2.05 |
| Potatoes | $3.0 | $3.29 |
| Pizza | $9.82 | $10.62 |
| Beer | $9.01 | $9.38 |
| Toothpaste | $2.15 | $2.34 |
Detailed Shreveport Health Costs Vs. Louisiana
| Item | Shreveport | Louisiana |
|---|---|---|
| Optometrist | $88.55 | $108.57 |
| Doctor | $101.77 | $116.17 |
| Dentist | $109.04 | $99.13 |
Detailed Shreveport Transportation Costs Vs. Louisiana
| Item | Shreveport | Louisiana |
|---|---|---|
| Gasoline | $1.93 | $2.22 |
| Tire Balancing | $53.24 | $50.07 |
Detailed Shreveport Utilities Costs Vs. Louisiana
| Item | Shreveport | Louisiana |
|---|---|---|
| All Electricity | $135.06 | $167.67 |
| Phone | $180.18 | $175.64 |
Shreveport SnackAbility
/10
Cost Of Living In Cities Around Shreveport
The cost of living varies in the cities and towns around Shreveport. Here's a quick look at the cost of living in the most populous nearby places:
Marshall, TX has a cost of living index of 82, 0.9x Shreveport.
Jamestown, ND has a cost of living index of 91, 1.0x Shreveport.
Minden, LA has a cost of living index of 85, 1.0x Shreveport.
| City | Population | Cost Of Living | Vs. Shreveport |
|---|---|---|---|
| Marshall, TX | 22,862 | 82 | 0.9x |
| Jamestown, ND | 15,823 | 91 | 1.0x |
| Minden, LA | 12,145 | 85 | 1.0x |
| Red Chute, LA | 7,504 | 92 | 1.0x |
