CostIndexUSA

Hagerstown, MD vs Shreveport, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MD
Hagerstown
94.2
overall index
$1,550/mo rent
More AffordableLA
Shreveport
84.8
overall index
$1,250/mo rent

Shreveport is moderately cheaper than Hagerstown — 10.0% lower overall cost of living.

To match an $80,000 salary in Hagerstown, you would need $72,000 in Shreveport. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing−30.9%
Hagerstown
75.7
Shreveport
52.3
🛒 Groceries−2.8%
Hagerstown
96.4
Shreveport
93.7
🚗 Transportation−3.8%
Hagerstown
104.5
Shreveport
100.5
🏥 Healthcare−3.8%
Hagerstown
94.5
Shreveport
90.9
⚡ Utilities−24.1%
Hagerstown
95.7
Shreveport
72.6

Salary Equivalency Calculator

Enter your current salary in Hagerstown to see what you'd need to earn in Shreveport to maintain the same purchasing power.

$
→
Equivalent salary in Shreveport, LA
$72,000
$8,000 less needed in Shreveport

Formula: salary × (84.8 ÷ 94.2) = salary × 0.9002. Based on BEA Regional Price Parities.

Housing Market

Hagerstown, MD

Median Home Price
$313,000
Median Monthly Rent
$1,550
Housing Index
75.7
Price-to-Rent Ratio
16.8×

Shreveport, LA

Median Home Price
$171,000
Median Monthly Rent
$1,250
Housing Index
52.3
Price-to-Rent Ratio
11.4×

Hagerstown has 30.9% lower housing costs compared to Shreveport.

Income & Job Market

Hagerstown, MD

Median Household Income
$75,400
Per Capita Income
$43,000
Unemployment Rate
4.4%
Population
43,484
Top Industries
HealthcareManufacturingLogisticsRetailGovernment

Shreveport, LA

Median Household Income
$54,900
Per Capita Income
$31,300
Unemployment Rate
5.1%
Population
187,593
Top Industries
EnergyHealthcareGovernmentManufacturingMilitary

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Hagerstown, MD
4.1×income-to-rent ratio

75% of income left after rent (median)

Shreveport, LA
3.7×income-to-rent ratio

73% of income left after rent (median)

Hagerstown vs other cities

Hagerstown, MD
vs
Baltimore, MD
Index: 94.2Index: 104.5
Hagerstown, MD
vs
Huntington, WV
Index: 94.2Index: 88.4
Hagerstown, MD
vs
Bremerton, WA
Index: 94.2Index: 105.6
Hagerstown, MD
vs
York, PA
Index: 94.2Index: 96
Hagerstown, MD
vs
Burlington, VT
Index: 94.2Index: 100.9

Shreveport vs other cities

Shreveport, LA
vs
Baton Rouge, LA
Index: 84.8Index: 90.8
Shreveport, LA
vs
Lafayette, LA
Index: 84.8Index: 87.2
Shreveport, LA
vs
Lake Charles, LA
Index: 84.8Index: 85.9
Shreveport, LA
vs
Mobile, AL
Index: 84.8Index: 88.1
Shreveport, LA
vs
Newport News, VA
Index: 84.8Index: 97.9

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.