Housing costs in Shreveport?
A typical home costs
$170,500, which is 49.6% less expensive than the national average of
$338,100 and 7.7% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Shreveport costs
$1,070 per month, which is 7.0% more than the national average of
$1,000 and 5.6% more than the state average of
$1,010.
Can I afford Shreveport?
To live comfortably in Shreveport (zip 71119), Louisiana, a minimum annual income of
$32,760 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Shreveport?
The cost of living in 71119 Shreveport, LA is quite affordable, with a median home value of $94,800 and a median rental price of $900 per month. The overall cost of living index is 86.6, which is 14.4% lower than the national average. This makes it an attractive option for those looking to live in a reasonably priced area. Taxes are also relatively low, with the Louisiana state income tax rate coming in at 2%. With these factors taken into consideration, 71119 Shreveport, LA can definitely be considered an affordable place to live and raise a family.