CostIndexUSA

New York, NY vs Shreveport, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NY
New York
112.6
overall index
$3,225/mo rent
More AffordableLA
Shreveport
84.8
overall index
$1,250/mo rent

Shreveport is significantly cheaper than New York — 24.7% lower overall cost of living.

To match an $80,000 salary in New York, you would need $60,200 in Shreveport. Calculate your salary ↓

Category Breakdown

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

🏠 Housing64.8%
New York
148.6
Shreveport
52.3
🛒 Groceries15.0%
New York
110.3
Shreveport
93.7
🚗 Transportation9.5%
New York
111.1
Shreveport
100.5
🏥 Healthcare9.6%
New York
100.5
Shreveport
90.9
Utilities42.8%
New York
127
Shreveport
72.6

Salary Equivalency Calculator

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

$
Equivalent salary in Shreveport, LA
$60,200
$19,800 less needed in Shreveport

Formula: salary × (84.8 ÷ 112.6) = salary × 0.7531. Based on BEA Regional Price Parities.

Housing Market

New York, NY

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

Shreveport, LA

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

New York has 64.8% lower housing costs compared to Shreveport.

Income & Job Market

New York, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
8,336,817
Top Industries
FinanceTechnologyMediaReal EstateHealthcare

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).

New York, NY
2.5×income-to-rent ratio

59% 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.