Shreveport is 16% cheaper than Lafayette.
When comparing Shreveport, LA and Lafayette, LA, the overall cost of living indices are 65 and 77 respectively (national median = 100). Rent is $85/month cheaper in Shreveport, saving renters about $1,020/year.
Median household income is $12,989/year higher in Lafayette. Home values also differ significantly — the median in Shreveport is $178,100 compared to $251,300 in Lafayette.
Both cities share the same state tax structure since they are in Louisiana.
Shreveport vs Lafayette — common questions
Other cost of living comparisons for Shreveport and Lafayette