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Louisiana Boardwalk Promenade

Cost of Living in Shreveport

From housing to overall cost of living, Northwest Louisiana is one of the most affordable places to live in the country.

Consider the region’s housing advantages. Even though it is just four hours away from Northwest Louisiana, living in a place like Houston will still cost more — housing is nearly 24 percent less expensive in Shreveport than it is in Houston.

In addition to lower housing expenses, people find that, in Shreveport, they can save on groceries as well. Families all across the nation tend to spend a lot of money on groceries; that trend seems to be consistent across state lines everywhere. In Shreveport, though, residents spend significantly less compared to other southern cities.

Louisiana’s reputation for easy access to fuel and low gas costs is not just a reputation—it’s a fact. Compared to a city such as Atlanta, residents spend on average 10 percent less on gas and auto maintenance in the Shreveport-Bossier City area.

Northwest Louisiana also provides its residents with a comfortable climate and access to a variety of low-cost utility providers, giving Shreveport an edge over many other major metropolitan areas, including other southern U.S. cities like Charlotte. The Shreveport-Bossier City area holds nearly a five percent savings on average monthly utility costs. Those savings add up.

Access to top-quality, affordable health care is easy to come by in Northwest Louisiana—and it shows. The Shreveport-Bossier City area ranks near the top of the pack when it comes to low healthcare costs, including costs that are nearly 10 percent lower than those of Dallas.

And when it comes to the cost of miscellaneous goods and services, Northwest Louisiana again has others beat—from household essentials such as clothing and toiletries to veterinary services, movie nights or bowling outings, it is both easy and affordable to raise a family and live comfortably in Northwest Louisiana.

 

Source – Council for Community and Economic Research (C2ER) Cost of Living Index, 2014 Annual Report