CostIndexUSA

Odessa, TX vs Shreveport, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Odessa
93.9
overall index
$1,550/mo rent
More AffordableLA
Shreveport
84.8
overall index
$1,250/mo rent

Shreveport is moderately cheaper than Odessa — 9.7% lower overall cost of living.

To match an $80,000 salary in Odessa, you would need $72,200 in Shreveport. Calculate your salary ↓

Category Breakdown

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

🏠 Housing41.7%
Odessa
89.7
Shreveport
52.3
🛒 Groceries≈ Equal
Odessa
93.8
Shreveport
93.7
🚗 Transportation0.6%
Odessa
101.1
Shreveport
100.5
🏥 Healthcare≈ Equal
Odessa
91.4
Shreveport
90.9
Utilities12.4%
Odessa
82.9
Shreveport
72.6

Salary Equivalency Calculator

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

$
Equivalent salary in Shreveport, LA
$72,200
$7,800 less needed in Shreveport

Formula: salary × (84.8 ÷ 93.9) = salary × 0.9031. Based on BEA Regional Price Parities.

Housing Market

Odessa, TX

Median Home Price
$246,000
Median Monthly Rent
$1,550
Housing Index
89.7
Price-to-Rent Ratio
13.2×

Shreveport, LA

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

Odessa has 41.7% lower housing costs compared to Shreveport.

Income & Job Market

Odessa, TX

Median Household Income
$66,600
Per Capita Income
$38,000
Unemployment Rate
1.9%
Population
122,555
Top Industries
EnergyOil & GasHealthcareManufacturingRetail

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).

Odessa, TX
3.6×income-to-rent ratio

72% 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.