CostIndexUSA

New Orleans, LA vs Shreveport, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

LA
New Orleans
92.6
overall index
$1,575/mo rent
More AffordableLA
Shreveport
84.8
overall index
$1,250/mo rent

Shreveport is moderately cheaper than New Orleans — 8.4% lower overall cost of living.

To match an $80,000 salary in New Orleans, you would need $73,300 in Shreveport. Calculate your salary ↓

Category Breakdown

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

🏠 Housing−39.2%
New Orleans
86
Shreveport
52.3
🛒 Groceries≈ Equal
New Orleans
93.7
Shreveport
93.7
🚗 Transportation≈ Equal
New Orleans
100.5
Shreveport
100.5
🏥 Healthcare≈ Equal
New Orleans
90.9
Shreveport
90.9
⚡ Utilities+2.0%
New Orleans
71.2
Shreveport
72.6

Salary Equivalency Calculator

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

$
→
Equivalent salary in Shreveport, LA
$73,300
$6,700 less needed in Shreveport

Formula: salary × (84.8 ÷ 92.6) = salary × 0.9158. Based on BEA Regional Price Parities.

Housing Market

New Orleans, LA

Median Home Price
$253,000
Median Monthly Rent
$1,575
Housing Index
86
Price-to-Rent Ratio
13.4×

Shreveport, LA

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

New Orleans has 39.2% lower housing costs compared to Shreveport.

Income & Job Market

New Orleans, LA

Median Household Income
$61,000
Per Capita Income
$34,800
Unemployment Rate
5%
Population
383,997
Top Industries
TourismEnergyHealthcareShippingEntertainment

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).

New Orleans, LA
3.2×income-to-rent ratio

69% of income left after rent (median)

Shreveport, LA
3.7×income-to-rent ratio

73% of income left after rent (median)

New Orleans vs other cities

New Orleans, LA
vs
Baton Rouge, LA
Index: 92.6Index: 90.8
New Orleans, LA
vs
Lafayette, LA
Index: 92.6Index: 87.2
New Orleans, LA
vs
Lake Charles, LA
Index: 92.6Index: 85.9
New Orleans, LA
vs
Bakersfield, CA
Index: 92.6Index: 100.9
New Orleans, LA
vs
Arlington, TX
Index: 92.6Index: 103.1

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.