CostIndexUSA

Albany, NY vs Shreveport, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NY
Albany
99.6
overall index
$1,575/mo rent
More AffordableLA
Shreveport
84.8
overall index
$1,250/mo rent

Shreveport is moderately cheaper than Albany — 14.9% lower overall cost of living.

To match an $80,000 salary in Albany, you would need $68,100 in Shreveport. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing49.0%
Albany
102.6
Shreveport
52.3
🛒 Groceries6.0%
Albany
99.7
Shreveport
93.7
🚗 Transportation2.0%
Albany
102.6
Shreveport
100.5
🏥 Healthcare2.2%
Albany
92.9
Shreveport
90.9
Utilities45.8%
Albany
134
Shreveport
72.6

Salary Equivalency Calculator

Enter your current salary in Albany to see what you'd need to earn in Shreveport to maintain the same purchasing power.

$
Equivalent salary in Shreveport, LA
$68,100
$11,900 less needed in Shreveport

Formula: salary × (84.8 ÷ 99.6) = salary × 0.8514. Based on BEA Regional Price Parities.

Housing Market

Albany, NY

Median Home Price
$350,000
Median Monthly Rent
$1,575
Housing Index
102.6
Price-to-Rent Ratio
18.5×

Shreveport, LA

Median Home Price
$171,000
Median Monthly Rent
$1,250
Housing Index
52.3
Price-to-Rent Ratio
11.4×

Albany has 49.0% lower housing costs compared to Shreveport.

Income & Job Market

Albany, NY

Median Household Income
$82,400
Per Capita Income
$47,000
Unemployment Rate
3.9%
Population
98,111
Top Industries
GovernmentHealthcareEducationFinanceTechnology

Shreveport, LA

Median Household Income
$54,900
Per Capita Income
$31,300
Unemployment Rate
5.1%
Population
187,593
Top Industries
EnergyHealthcareGovernmentManufacturingMilitary

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Albany, NY
4.4×income-to-rent ratio

77% of income left after rent (median)

Shreveport, LA
3.7×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.