Home / Metros /
2024 BEA RPP All 4 categories Federal source

Shreveport-Bossier City, LA

Cost-of-living indicators for Shreveport-Bossier City, LA, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 43340 · Data year: 2024 · Rank: #381 of 387

Shreveport-Bossier City, LA has a cost of living index of 84.8, meaning it's 15.2% less expensive than the national average. Goods cost 6.3% less, services 27.4% less, and rents are 47.7% below average. A $100K national salary has the purchasing power of $117,972 here.

What the Numbers Mean for Shreveport

Shreveport ranks #381 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the bottom quartile for cost. With an overall Regional Price Parity of 84.8, Shreveport-Bossier City, LA is 15.2% less expensive than the national baseline of 100. The gap between Shreveport's most and least expensive categories — the priciest line item versus rents at 52.3 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $117,972 inside Shreveport, while a household needs roughly $84,766 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 52.3 — 47.7% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Shreveport's overall index has fallen by 6.1 points, improving relative affordability. For the 2024 data year, goods are indexed at 93.7 and services at 72.6, meaning everyday spending in Shreveport is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Shreveport Cost Index at a Glance

Shreveport all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10084.8

Shreveport category breakdown

BEA RPP composition by goods, services, rents, overall

Rents52.286Services72.558Goods93.691Overall84.766

Price Index Summary

Overall

84.8

-15.2 below avg

Goods

93.7

-6.3 below avg

Services

72.6

-27.4 below avg

Rents

52.3

-47.7 below avg

Price Index vs National Average (100)

Overall
National avg

Index 84.8 (-15.2 vs national avg)

Goods
National avg

Index 93.7 (-6.3 vs national avg)

Services
National avg

Index 72.6 (-27.4 vs national avg)

Rents
National avg

Index 52.3 (-47.7 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -47.7% (52.3)
Services -27.4% (72.6)
Overall -15.2% (84.8)
Goods -6.3% (93.7)

Income Adequacy in Shreveport

Shreveport income adequacy score

$75,000 median income vs RPP 84.8

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$84,766

in Shreveport-Bossier City, LA purchasing power

$50,000 nationally
$42,383
$75,000 nationally
$63,575
$125,000 nationally
$105,958
$150,000 nationally
$127,149
$200,000 nationally
$169,532

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 6.1 points over this period.

Year Overall
2008 90.9
2009 90.0
2010 90.6
2011 93.5
2012 93.4
2013 92.0
2014 94.1
2015 93.2
2016 92.8
2017 90.6
2018 89.9
2019 89.8
2020 88.9
2021 90.5
2022 88.8
2023 87.4
2024 84.8

Metros with Similar Cost of Living

These metros have an overall RPP closest to Shreveport-Bossier City, LA's index of 84.8.

Related Data for Shreveport

Frequently Asked Questions

What is the cost of living in Shreveport-Bossier City, LA?
Shreveport-Bossier City, LA has a Regional Price Parity (RPP) index of 84.8, meaning it is 15.2% less expensive than the national average. Goods are indexed at 93.7, services at 72.6, and rents at 52.3. It ranks #381 out of 387 U.S. metro areas by overall cost.
What salary do I need in Shreveport-Bossier City, LA to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $84,766 in Shreveport-Bossier City, LA. Conversely, $100K earned in Shreveport-Bossier City, LA has the purchasing power of $117,972 at the national average.
How expensive is rent in Shreveport-Bossier City, LA?
Rents in Shreveport-Bossier City, LA are indexed at 52.3, which is 47.7% below the national average. This makes the area relatively affordable for renters.
Is Shreveport-Bossier City, LA getting more expensive?
From 2008 to 2024, Shreveport-Bossier City, LA's overall cost index changed by -6.1 points (from 90.9 to 84.8). The cost of living has been declining.
What metros have a similar cost of living to Shreveport-Bossier City, LA?
Metros with the most similar overall cost index include Florence-Muscle Shoals, Hammond, Houma-Bayou Cane-Thibodaux. These areas have RPP values within a few points of Shreveport-Bossier City, LA's 84.8.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page