Shreveport is 49% cheaper than Richardson.
When comparing Shreveport, LA and Richardson, TX, the overall cost of living indices are 65 and 128 respectively (national median = 100). Rent is $845/month cheaper in Shreveport, saving renters about $10,140/year.
Median household income is $47,792/year higher in Richardson. Home values also differ significantly — the median in Shreveport is $178,100 compared to $405,600 in Richardson.
Texas has no state income tax, giving Richardson residents a significant tax advantage over Louisiana's 4.25% rate.
Shreveport vs Richardson — common questions
Other cost of living comparisons for Shreveport and Richardson