Cost of Living: New Orleans, LA vs Shreveport, LA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,268/mo in New Orleans, LA versus $4,268/mo in Shreveport, LA. In the model, rent is about 17.64% of gross in New Orleans, LA versus 14.28% in Shreveport, LA, so Shreveport, LA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between New Orleans, LA and Shreveport, LA.
At a glance
- Cheaper overall (lower cost-of-living index): New Orleans, LA
- Lower rent (median 1BR/2BR): Shreveport, LA
- Lower home prices: Shreveport, LA
- Higher median household income: New Orleans, LA
Cost of Living Index
New Orleans, LA: 95.2 (U.S. = 100) · Shreveport, LA: 100 (U.S. = 100)
New Orleans, LA has a lower cost-of-living index than Shreveport, LA, so a given salary generally stretches further there.
Median Rent
New Orleans, LA: $1,151/mo (midpoint of 1BR/2BR) · Shreveport, LA: $931/mo
Median rent in New Orleans, LA is $220/mo higher than in Shreveport, LA.
Median Home Price
New Orleans, LA: $296,400 · Shreveport, LA: $178,100
Median home price in New Orleans, LA is $118,300 higher than in Shreveport, LA.
Median Household Income
New Orleans, LA: $55,339 · Shreveport, LA: $48,465
New Orleans, LA has a higher median household income than Shreveport, LA by $6,874.
New Orleans, LA overview · Shreveport, LA overview · Popular comparisons