Minneapolis vs Shreveport
Cost of Living Comparison · 2026
Minneapolis
Shreveport
The Verdict
Shreveport is 26.2% less expensive than Minneapolis overall. A household earning $75,000 in Minneapolis would need approximately $59,434 in Shreveport to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Minneapolis has the same purchasing power as $59,434 in Shreveport.
Conversely, $75,000 in Shreveport equals $94,643 in Minneapolis.
Living in Minneapolis vs Shreveport
Housing Costs
Minneapolis's housing index of 112 is higher Shreveport's 54, translating to median home prices of $310,000 vs $170,000. The $140,000 difference in home prices means roughly $9,096 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Minneapolis compared to $900/mo in Shreveport, a monthly difference of $600.
Grocery & Food Costs
Grocery expenses index at 104 in Minneapolis and 98 in Shreveport. A household spending the national average of $475/month on groceries would pay approximately $494/month in Minneapolis vs $466/month in Shreveport. Shreveport offers a meaningful advantage on everyday food costs, saving roughly $336/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 97 in Minneapolis and 91 in Shreveport. Monthly utility bills average approximately $388 in Minneapolis vs $364 in Shreveport. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 105 in Minneapolis and 93 in Shreveport. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 12-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $64,285 in Minneapolis and $43,200 in Shreveport. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,646 and $51,429 respectively. Minneapolis residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,500/month to housing in Minneapolis vs $1,008/month in Shreveport. In Minneapolis, median rent of $1,500/mo fits within this budget. In Shreveport, median rent of $900/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 58 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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