Cost of Living in Shreveport, LA 2026

Affordability

How far your income goes in Shreveport

24.3%

Rent-to-Income Ratio

Affordable

Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Louisiana

State-level tax rates that affect your costs

4.25%

Income Tax (Top Rate)

4.45%

Sales Tax

0.55%

Property Tax Rate

Estimated Annual Costs

$11,760

Annual Rent

$2,060

State Income Tax

$980

Property Tax (est.)

Cost of Living Overview

Shreveport is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 65 (where 100 equals the national median), Shreveport residents can expect to pay median rent of $980/month while earning a median household income of $48,465/year.

The median home value in Shreveport, LA is $178,100, with typical monthly owner costs around $984 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.3% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Louisiana has a moderate income tax rate of 4.25%. Combined with a 4.45% sales tax rate and 0.55% effective property tax rate, the overall tax environment is a factor in the total cost of living in Shreveport.

Frequently Asked Questions

Common questions about living costs in Shreveport

What is the cost of living in Shreveport, LA?

The cost of living index in Shreveport, LA is 65 (US average = 100). Median monthly rent is $980, median household income is $48,465/year, and the median home value is $178,100.

Is Shreveport, LA affordable?

Yes, Shreveport is more affordable than the national average with a cost index of 65. The rent-to-income ratio is 24.3%—below the 30%% threshold considered affordable by HUD.

What is the average rent in Shreveport, LA?

The median gross rent in Shreveport, LA is $980 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,760.

What is the median household income in Shreveport?

The median household income in Shreveport, LA is $48,465 per year. This compares to the national median of approximately $80,000.

What are the taxes like in Louisiana?

Louisiana has a top income tax rate of 4.25%, a sales tax of 4.45%, and an effective property tax rate of 0.55%.

Shreveport, LA

Affordability

Tax Burden in Louisiana

Estimated Annual Costs

Cost of Living Overview

Frequently Asked Questions

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