Cost of Living: Norfolk, VA vs Shreveport, LA (2026)

Norfolk

Virginia
89
VS

Shreveport

Louisiana
65

Norfolk is 37% more expensive than Shreveport.

$1,246/mo ↑ 27%
Median Rent
$980/mo ↓ 21%
$64,017/yr ↑ 32%
Median Income
$48,465/yr ↓ 24%
$271,900 ↑ 53%
Home Value
$178,100 ↓ 34%
$1,366/mo ↑ 39%
Owner Costs
$984/mo ↓ 28%
235,037
Population
183,483

Tax Comparison

5.75%
Income Tax
4.25%
5.3%
State Sales Tax
4.45%
0.8%
Property Tax
0.55%

Affordability

23.4%
rent-to-income
Affordability
24.3%
rent-to-income

Detailed Comparison

When comparing Norfolk, VA and Shreveport, LA, the overall cost of living indices are 89 and 65 respectively (national median = 100). Rent is $266/month cheaper in Shreveport, saving renters about $3,192/year.

Median household income is $15,552/year higher in Norfolk. Home values also differ significantly — the median in Norfolk is $271,900 compared to $178,100 in Shreveport.

Louisiana has a lower income tax rate, making Shreveport slightly more tax-friendly.

Frequently Asked Questions

Norfolk vs Shreveport — common questions

Is Norfolk or Shreveport cheaper to live in?
Based on our cost index, Shreveport is cheaper to live in with an index of 65 compared to 89 (US average = 100).
What is the rent difference between Norfolk and Shreveport?
Median rent in Norfolk is $1,246/month and in Shreveport it's $980/month — a difference of $266/month.
Which city has higher income, Norfolk or Shreveport?
Median household income is $64,017 in Norfolk and $48,465 in Shreveport. Median household income is $15,552/year higher in Norfolk.
How do taxes compare between Virginia and Louisiana?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Louisiana has 4.25% income tax, 4.45% sales tax, and 0.55% property tax.
Should I move to Norfolk or Shreveport?
It depends on your priorities. Norfolk has a cost index of 89 with median rent of $1,246/mo, while Shreveport has a cost index of 65 with rent of $980/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Norfolk details → View Shreveport details →

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