City Comparison

Milwaukee vs Shreveport

Cost of Living Comparison · 2026

Milwaukee

Wisconsin
92
Below Average
$175,000
Median Home
$1,100/mo
Median Rent
$44,044
Median Income

Shreveport

Louisiana
84
Very Affordable
$170,000
Median Home
$900/mo
Median Rent
$43,200
Median Income

The Verdict

9.5%

The cost gap between these cities is 9.5%, with Shreveport being the more affordable option. A $75,000 income in Milwaukee has equivalent purchasing power to $68,478 in Shreveport.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
80
Milwaukee
54
Shreveport
Groceries
100
Milwaukee
98
Shreveport
Utilities
97
Milwaukee
91
Shreveport
Transportation
103
Milwaukee
96
Shreveport
Healthcare
102
Milwaukee
93
Shreveport

Salary Equivalence

A $75,000 salary in Milwaukee has the same purchasing power as $68,478 in Shreveport.

Conversely, $75,000 in Shreveport equals $82,143 in Milwaukee.

Living in Milwaukee vs Shreveport

Housing Costs

Milwaukee's housing index of 80 is higher Shreveport's 54, translating to median home prices of $175,000 vs $170,000. The $5,000 difference in home prices means roughly $324 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,100/mo in Milwaukee compared to $900/mo in Shreveport, a monthly difference of $200.

Grocery & Food Costs

Grocery expenses index at 100 in Milwaukee and 98 in Shreveport. A household spending the national average of $475/month on groceries would pay approximately $475/month in Milwaukee vs $466/month in Shreveport. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Milwaukee and 91 in Shreveport. Monthly utility bills average approximately $388 in Milwaukee vs $364 in Shreveport. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 102 in Milwaukee and 93 in Shreveport. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $44,044 in Milwaukee and $43,200 in Shreveport. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $47,874 and $51,429 respectively. Shreveport residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,028/month to housing in Milwaukee vs $1,008/month in Shreveport. In Milwaukee, median rent of $1,100/mo exceeds this threshold, suggesting renters may feel stretched. In Shreveport, median rent of $900/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 26 index points — focus your budget analysis there.

Frequently Asked Questions

Shreveport is 9.5% more affordable overall with an index of 84 vs 92.
A $75,000 salary in Milwaukee has equivalent purchasing power to approximately $68,478 in Shreveport, based on the cost of living difference.
Milwaukee's housing index is 80 with median homes at $175,000, while Shreveport's is 54 with median homes at $170,000.

Moving & Relocation Resources

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