Housing costs in Shreveport?
A typical home costs
$155,100, which is 54.1% less expensive than the national average of
$338,100 and 16.1% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Shreveport costs
$990 per month, which is 1.0% cheaper than the national average of
$1,000 and 2.0% cheaper than the state average of
$1,010.
Can I afford Shreveport?
To live comfortably in Shreveport (zip 71118), Louisiana, a minimum annual income of
$29,880 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Shreveport?
The cost of living in 71118 Shreveport, LA is quite reasonable. The median home value in the area is $110,400, which is significantly lower than the national median of $219,700. The median monthly rent in the area is $831, which is lower than the national average of $1,011. Other expenses such as groceries and utilities are also well below the national averages. Additionally, there are many job opportunities available in Shreveport due to its close proximity to several major cities in Louisiana. All this helps make 71118 Shreveport an attractive place to live for those looking for an affordable cost of living.