Shreveport is 39% cheaper than Paterson.
When comparing Shreveport, LA and Paterson, NJ, the overall cost of living indices are 65 and 106 respectively (national median = 100). Rent is $477/month cheaper in Shreveport, saving renters about $5,724/year.
Median household income is $5,301/year higher in Paterson. Home values also differ significantly — the median in Shreveport is $178,100 compared to $335,400 in Paterson.
Louisiana has a lower income tax rate, making Shreveport slightly more tax-friendly.
Shreveport vs Paterson — common questions
Other cost of living comparisons for Shreveport and Paterson