Chicago, IL vs Shreveport, LA

Cost of living comparison · 2023 Census ACS data

Quick Summary

Housing costs separate Shreveport and Chicago more than any other line item — $178,000 versus $315,000 for a typical home, a 43% spread.

Median Home Value
$315,200
$178,100
Zillow Home Value
$312,456
$134,460
Median Gross Rent
$1,380/mo
$980/mo
Owner Occupied %
45.5%
53.8%
Price-to-Rent Ratio
19.0x
15.1x
Median Household Income
$75,134
$48,465
Per Capita Income
$48,148
$33,788
Unemployment Rate
7.9%
8.9%
Poverty Rate
16.8%
23.6%
Avg Commute (min)
36.7 min
20.6 min
Drove Alone %
46.0%
80.0%
Public Transit %
19.3%
1.3%
Work From Home %
18.3%
5.7%
State Income Tax
5.0%
4.3%
Total Sales Tax
8.7%
9.5%
Property Tax Rate
2.2%
0.6%
Bachelor's Degree %
24.9%
15.5%
Median Age
35.7
37.5
Avg High Temp
60.3°F
77.5°F
Annual Precipitation
34.4"
51.4"
Annual Snowfall
0.9"
  • Total Sales Tax
  • Median Household Income
  • Unemployment Rate
  • Median Home Value
  • Median Gross Rent

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