CostIndexUSA

Champaign, IL vs Shreveport, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Champaign
92.7
overall index
$1,275/mo rent
More AffordableLA
Shreveport
84.8
overall index
$1,250/mo rent

Shreveport is moderately cheaper than Champaign — 8.5% lower overall cost of living.

To match an $80,000 salary in Champaign, you would need $73,200 in Shreveport. Calculate your salary ↓

Category Breakdown

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

🏠 Housing27.0%
Champaign
71.6
Shreveport
52.3
🛒 Groceries≈ Equal
Champaign
93.6
Shreveport
93.7
🚗 Transportation3.9%
Champaign
104.6
Shreveport
100.5
🏥 Healthcare3.9%
Champaign
94.6
Shreveport
90.9
Utilities19.8%
Champaign
90.5
Shreveport
72.6

Salary Equivalency Calculator

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

$
Equivalent salary in Shreveport, LA
$73,200
$6,800 less needed in Shreveport

Formula: salary × (84.8 ÷ 92.7) = salary × 0.9148. Based on BEA Regional Price Parities.

Housing Market

Champaign, IL

Median Home Price
$224,000
Median Monthly Rent
$1,275
Housing Index
71.6
Price-to-Rent Ratio
14.6×

Shreveport, LA

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

Champaign has 27.0% lower housing costs compared to Shreveport.

Income & Job Market

Champaign, IL

Median Household Income
$62,100
Per Capita Income
$35,400
Unemployment Rate
3.4%
Population
88,302
Top Industries
EducationHealthcareTechnologyAgricultureRetail

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).

Champaign, IL
4.1×income-to-rent ratio

75% 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.