Cost of Living: Shreveport, LA vs Springfield, IL (2026)

Shreveport

Louisiana
65
VS

Springfield

Illinois
61

Shreveport is 7% more expensive than Springfield.

$980/mo ↑ 4%
Median Rent
$945/mo ↓ 4%
$48,465/yr ↓ 26%
Median Income
$65,537/yr ↑ 35%
$178,100 ↑ 15%
Home Value
$155,200 ↓ 13%
$984/mo ↑ 1%
Owner Costs
$974/mo ↓ 1%
183,483
Population
113,714

Tax Comparison

4.25%
Income Tax
4.95%
4.45%
State Sales Tax
6.25%
0.55%
Property Tax
2.07%

Affordability

24.3%
rent-to-income
Affordability
17.3%
rent-to-income

Detailed Comparison

When comparing Shreveport, LA and Springfield, IL, the overall cost of living indices are 65 and 61 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $17,072/year higher in Springfield. Home values also differ significantly — the median in Shreveport is $178,100 compared to $155,200 in Springfield.

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

Frequently Asked Questions

Shreveport vs Springfield — common questions

Is Shreveport or Springfield cheaper to live in?
Based on our cost index, Springfield is cheaper to live in with an index of 61 compared to 65 (US average = 100).
What is the rent difference between Shreveport and Springfield?
Median rent in Shreveport is $980/month and in Springfield it's $945/month — a difference of $35/month.
Which city has higher income, Shreveport or Springfield?
Median household income is $48,465 in Shreveport and $65,537 in Springfield. Median household income is $17,072/year higher in Springfield.
How do taxes compare between Louisiana and Illinois?
Louisiana has 4.25% income tax, 4.45% sales tax, and 0.55% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Shreveport or Springfield?
It depends on your priorities. Shreveport has a cost index of 65 with median rent of $980/mo, while Springfield has a cost index of 61 with rent of $945/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Shreveport details → View Springfield details →

More Comparisons

Other cost of living comparisons for Shreveport and Springfield

Shreveport vs. Newport News Shreveport vs. Fort Lauderdale Shreveport vs. Mobile Shreveport vs. Chattanooga Shreveport vs. Paradise Shreveport vs. Aurora Springfield vs. Odessa Springfield vs. Beaumont Springfield vs. Elgin Springfield vs. Gresham Springfield vs. Provo Springfield vs. Las Cruces