Cost of Living: Waco vs Shreveport (2026)

Shreveport has a 2% lower overall cost of living than Waco as of Q1 2026. A one-bedroom apartment runs $1,000/mo in Shreveport vs $1,000/mo in Waco โ€” a 0% difference. Waco has no state income tax, giving residents more take-home pay than those in Shreveport (4.3% rate).

  • Shreveport is 2% cheaper overall (COL index: 83 vs 81)
  • 1BR rent: $1,000/mo in Shreveport vs $1,000/mo โ€” 0% savings
  • Waco has 0% state income tax โ€” saves ~$3,300+/yr at a $75K salary
  • Higher median household income: Waco ($48,000/yr vs $43,000/yr)
  • Median home price: $190,000 in Shreveport vs $210,000 โ€” 10% difference
Category
Waco
Texas
Shreveport
Louisiana
๐Ÿ  HousingQ1 2026
Studio rent/mo$800Best$800
1BR rent/mo$1,000Best$1,000
2BR rent/mo$1,300Best$1,300
Median home price$210K$190KBest
๐Ÿ›’ Food & GroceriesQ1 2026
Groceries index (100 = US avg)92Best93
Budget meal (1 person)$11Best$11
Mid-range dinner (2)$46Best$46
๐ŸšŒ TransportationQ1 2026
Monthly transit pass/mo$38Best$40
Gas price/gal$3.00$2.98Best
Car insurance/mo$162Best$198
โšก UtilitiesQ1 2026
Monthly utilities bundle/mo$172Best$205
Internet/mo$60$58Best
๐Ÿ’ฐ Income & TaxesQ1 2026
Median household income/yr$48KBest$43K
State income tax%0.0%Best4.3%
Sales tax (combined)%8.3%Best9.5%
๐ŸŽฌ LeisureQ1 2026
Movie ticket$12.00Best$12.00
Gym membership/mo$30Best$30
Beer at restaurant$4.50Best$5.00
๐Ÿ“Š OverviewQ1 2026
Overall COL index (100 = US avg)8381Best
Walk score / 10022Best20

Frequently asked questions

Is Waco cheaper than Shreveport?

No. Shreveport is 2% cheaper than Waco based on overall cost of living indices (81 vs 83, where 100 = US average).

What is the average rent in Waco vs Shreveport?

As of Q1 2026, the median 1-bedroom rent in Waco is $1,000/month and in Shreveport is $1,000/month. Waco is more expensive by 0%.

How much do I need to earn in Shreveport to match a $75,000 salary in Waco?

To maintain a similar lifestyle, you would need approximately $73,193/year in Shreveport to match a $75,000 salary in Waco. This estimate is based on overall cost of living indices and does not account for individual spending patterns.

Which city has lower taxes โ€” Waco or Shreveport?

Waco has the lower state income tax rate at 0% vs 4.3%. Waco has no state income tax at all, which can save thousands of dollars per year depending on your income. Note that sales tax and local taxes also vary โ€” see the full breakdown in the table above.

Is it worth moving from Waco to Shreveport?

It depends on your priorities. Shreveport offers lower overall costs and tax advantages, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.

Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS ยท Updated Q1 2026 ยท For general guidance only

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