Cost of Living in Shreveport, LA

Population 183,483 · Louisiana · Data vintage 2023

65
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Shreveport's median household income of $48,465 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (24% here). At 8.9%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Cost Overview

Housing 58
Rent 75

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Shreveport

The median home value in Shreveport is $178,100 — 42% below the national median of $305,000. Median rent runs $980/month, 25% lower than the national median of $1,314/month. The median household income of $48,465/year is 35% lower than the US median of $74,580. The local unemployment rate is 8.9%, above the national average of 4.8%. Louisiana's top state income tax rate is 4.3% and the combined sales tax is 9.5%. The climate averages highs of 77.5°F and lows of 55.6°F. Overall, Shreveport has a cost of living index of 65 versus the US average of 100, meaning it is 35% less expensive.

🏠 Housing

Median Home Value
$178,100
42% below avg
Zillow Home Value
$134,460
Zillow ZHVI
Median Rent
$980/mo
25% below avg
Zillow Rent
$1,169/mo
Zillow ZORI
Price-to-Rent Ratio
15.1x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$816
2 BR
$988
3 BR
$1,280
4 BR
$1,513
Owner-occupied 53.8%
Renter-occupied 46.2%

💰 Estimated Monthly Budget

Rent median rent
$980
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,594/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
20.6 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.7%

Commute Mode

Drove alone
80.0%
Carpooled
9.8%
Public transit
1.3%
Walked
1.0%
Bicycle
0.1%
Work from home
5.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.3%
Total Sales Tax 9.5%
State rate 4.5%
Avg local rate 5.1%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$48,465
35% below avg
Per Capita Income
$33,788
Unemployment Rate
8.9%
85% above avg
Poverty Rate
23.6%
Labor Force Participation
57.6%

🎓 Education

Bachelor's degree+ 15.5%
Graduate degree 12.0%

👥 Demographics

Median Age 37.5
Male median age 35.9
Female median age 38.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.5°F
Avg Low
55.6°F
Annual Precip
51.4"
Annual Snowfall
0.9"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 586370788591949590796860
Low °F 374148546471747367554539
Precip" 4.404.304.905.194.464.783.502.913.464.594.004.94
Snow" 0.20.50.10.00.00.00.00.00.00.00.00.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
78.5%
Good air days/yr
100
Max AQI recorded
62
PM2.5 days
291
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

83%
4-Year Graduation Rate
22.4:1
Student-teacher ratio
63
Public schools
37,466
Total enrollment

Frequently Asked Questions

What is the cost of living in Shreveport, LA?

Shreveport has a cost index of 65 (100 = national average). It is 35% below the national average.

What is average rent in Shreveport, LA?

The median gross rent in Shreveport is $980 per month based on 2023 Census data.

What is the average home price in Shreveport?

The median home value in Shreveport is $178,100 according to Zillow and Census data.

What is the median income in Shreveport?

The median household income in Shreveport is $48,465 per year (2023 ACS 5-year estimates).

What is the sales tax in Shreveport, LA?

The combined state and local sales tax rate in Shreveport is 9.5%. The Louisiana state income tax top rate is 4.3%.

Is Shreveport, LA affordable?

Yes, Shreveport is generally considered affordable, with a cost of living index of 65 — about 35% below the US national average of 100.

What is the weather like in Shreveport?

Shreveport has average high temperatures of 77.5°F and average lows of 55.6°F. Annual precipitation is 51.4". Average annual snowfall is 0.9". Data from NOAA 1991–2020 Climate Normals.