Housing costs in Shreveport?
A typical home costs
$226,800, which is 32.9% less expensive than the national average of
$338,100 and 22.7% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Shreveport costs
$1,120 per month, which is 12.0% more than the national average of
$1,000 and 9.8% more than the state average of
$1,010.
Can I afford Shreveport?
To live comfortably in Shreveport (zip 71115), Louisiana, a minimum annual income of
$43,560 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Shreveport?
The cost of living in 71115 Shreveport, LA is generally quite affordable relative to other parts of the United States. According to BestPlaces, the city’s cost of living index is 79.3, which is 21.7% lower than the national average of 100. The cost of housing is particularly low at 48.6, which is nearly half the national average of 96.4. Groceries are also cheaper than the U.S. average at 79.6 versus 100 nationwide. Additionally, transportation and miscellaneous goods such as clothing are slightly more expensive than the U.S., but still quite affordable compared to many other areas of the country at 99 and 111 respectively versus national averages of 100 and 108 respectively.