CostIndexUSA

Saginaw, MI vs Shreveport, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MI
Saginaw
90.9
overall index
$1,000/mo rent
More AffordableLA
Shreveport
84.8
overall index
$1,250/mo rent

Shreveport is moderately cheaper than Saginaw — 6.7% lower overall cost of living.

To match an $80,000 salary in Saginaw, you would need $74,600 in Shreveport. Calculate your salary ↓

Category Breakdown

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

🏠 Housing17.8%
Saginaw
63.6
Shreveport
52.3
🛒 Groceries≈ Equal
Saginaw
93.7
Shreveport
93.7
🚗 Transportation3.8%
Saginaw
104.5
Shreveport
100.5
🏥 Healthcare3.9%
Saginaw
94.6
Shreveport
90.9
Utilities24.2%
Saginaw
95.8
Shreveport
72.6

Salary Equivalency Calculator

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

$
Equivalent salary in Shreveport, LA
$74,600
$5,400 less needed in Shreveport

Formula: salary × (84.8 ÷ 90.9) = salary × 0.9329. Based on BEA Regional Price Parities.

Housing Market

Saginaw, MI

Median Home Price
$160,000
Median Monthly Rent
$1,000
Housing Index
63.6
Price-to-Rent Ratio
13.3×

Shreveport, LA

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

Saginaw has 17.8% lower housing costs compared to Shreveport.

Income & Job Market

Saginaw, MI

Median Household Income
$59,300
Per Capita Income
$33,800
Unemployment Rate
6.2%
Population
44,909
Top Industries
HealthcareManufacturingGovernmentRetailEducation

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).

Saginaw, MI
4.9×income-to-rent ratio

80% of income left after rent (median)

Shreveport, LA
3.7×income-to-rent ratio

73% of income left after rent (median)

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.