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COST OF LIVING

ACCRA Cost of Living Index – Shreveport-Bossier City Metropolitan Area

The Council for Community and Economic Research (C2ER) produces the ACCRA Cost of Living Index to provide a useful and reasonable accurate measure to compare cost of living differences among urban areas. Items on which the Index is based have been carefully chosen to reflect the different categories of consumer expenditures. Weights assigned to relative costs are based on government survey data on expenditure patterns for mid-management households. All items are priced in each place at a specified time and according to standardized specifications. The index is based on the following categories: Grocery (13.61%), Housing (27.59%), Utilities (10.06%), Transportation (9.59%), Healthcare (4.00%) and Miscellaneous (35.15%).

Source: The Council for Community and Economic Research (C2ER) Cost of Living Index
*Index and average prices are based on 2016 annual average data.

 

 

Home Price Comparison

  • Greater Shreveport-Bossier City area offers a wide selection of housing.
  • Figures below represent new, mid-management homes with approximately 2,400-square-foot living area in new house; 8,000-square-foot lot; 4 bedrooms; 2 baths.

Source: The Council for Community and Economic Research (C2ER) Cost of Living Index
*Index and average prices are based on 2016 annual average data.

Information updated August 2017

 

 

 

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