CostIndexUSA

Lansing, MI vs Shreveport, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MI
Lansing
95
overall index
$1,300/mo rent
More AffordableLA
Shreveport
84.8
overall index
$1,250/mo rent

Shreveport is moderately cheaper than Lansing — 10.7% lower overall cost of living.

To match an $80,000 salary in Lansing, you would need $71,400 in Shreveport. Calculate your salary ↓

Category Breakdown

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

🏠 Housing37.4%
Lansing
83.5
Shreveport
52.3
🛒 Groceries≈ Equal
Lansing
93.7
Shreveport
93.7
🚗 Transportation3.8%
Lansing
104.5
Shreveport
100.5
🏥 Healthcare3.9%
Lansing
94.6
Shreveport
90.9
Utilities24.0%
Lansing
95.5
Shreveport
72.6

Salary Equivalency Calculator

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

$
Equivalent salary in Shreveport, LA
$71,400
$8,600 less needed in Shreveport

Formula: salary × (84.8 ÷ 95) = salary × 0.8926. Based on BEA Regional Price Parities.

Housing Market

Lansing, MI

Median Home Price
$234,000
Median Monthly Rent
$1,300
Housing Index
83.5
Price-to-Rent Ratio
15.0×

Shreveport, LA

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

Lansing has 37.4% lower housing costs compared to Shreveport.

Income & Job Market

Lansing, MI

Median Household Income
$70,000
Per Capita Income
$39,900
Unemployment Rate
4.6%
Population
112,644
Top Industries
GovernmentAutomotiveHealthcareEducationFinance

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).

Lansing, MI
4.5×income-to-rent ratio

78% 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.