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 reasonably accurate meaure to compare cost of living difference among urban areas. Items on which the Index is based have been carefully chosen to reflect the difference categories of consumer expenditures. Weights assigned to relative costs are based on government survey data on expenditure patterns for midmanagement 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%), Housing(28%), Utilities(10%), Transportation(10%0, Health(4%), and Miscellaneous(35%).
Source: The Council for Community and Economic Research (C2ER) Cost of Living Index
*Index and average prices are based on data gathered between 1st quarter 2009 abd 1st quarter 2010
Home Price Comparison
- Greater Shreveport area offers a wide selection of housing
- The average price of all homes sold in 2010 was $171,767
- Figures below represent new, mid-management homes with approximately 2400 square feet, two-car garage, etc.
Source: The Council for Community and Economic Research (C2ER) Cost of Living Index
*Index and average prices are based on data gathered between 1st quarter 2009 abd 1st quarter 2010
