Newark vs Shreveport
Cost of Living Comparison · 2026
Newark
Shreveport
The Verdict
The cost gap between these cities is 44.0%, with Shreveport being the more affordable option. A $75,000 income in Newark has equivalent purchasing power to $52,066 in Shreveport.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Newark has the same purchasing power as $52,066 in Shreveport.
Conversely, $75,000 in Shreveport equals $108,036 in Newark.
Living in Newark vs Shreveport
Housing Costs
Newark's housing index of 149 is higher Shreveport's 54, translating to median home prices of $340,000 vs $170,000. The $170,000 difference in home prices means roughly $11,052 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Newark compared to $900/mo in Shreveport, a monthly difference of $500.
Grocery & Food Costs
Grocery expenses index at 103 in Newark and 98 in Shreveport. A household spending the national average of $475/month on groceries would pay approximately $489/month in Newark 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 118 in Newark and 91 in Shreveport. Monthly utility bills average approximately $472 in Newark vs $364 in Shreveport. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 105 in Newark 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 $40,014 in Newark and $43,200 in Shreveport. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $33,069 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 $934/month to housing in Newark vs $1,008/month in Shreveport. In Newark, median rent of $1,400/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 95 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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