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

Shreveport

Louisiana
65
VS

Springfield

Missouri
60

Shreveport is 8% more expensive than Springfield.

$980/mo ↑ 7%
Median Rent
$920/mo ↓ 6%
$48,465/yr ↑ 5%
Median Income
$45,984/yr ↓ 5%
$178,100 ↑ 8%
Home Value
$165,200 ↓ 7%
$984/mo ↑ 8%
Owner Costs
$908/mo ↓ 8%
183,483
Population
169,432

Tax Comparison

4.25%
Income Tax
4.95%
4.45%
State Sales Tax
4.225%
0.55%
Property Tax
0.93%

Affordability

24.3%
rent-to-income
Affordability
24.0%
rent-to-income

Detailed Comparison

When comparing Shreveport, LA and Springfield, MO, the overall cost of living indices are 65 and 60 respectively (national median = 100). Rent is $60/month cheaper in Springfield, saving renters about $720/year.

Median household income is $2,481/year higher in Shreveport. Home values also differ significantly — the median in Shreveport is $178,100 compared to $165,200 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 60 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 $920/month — a difference of $60/month.
Which city has higher income, Shreveport or Springfield?
Median household income is $48,465 in Shreveport and $45,984 in Springfield. Median household income is $2,481/year higher in Shreveport.
How do taxes compare between Louisiana and Missouri?
Louisiana has 4.25% income tax, 4.45% sales tax, and 0.55% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% 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 60 with rent of $920/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. Fort Collins Springfield vs. Palmdale Springfield vs. Lancaster Springfield vs. Salinas Springfield vs. Pembroke Pines Springfield vs. Hayward