Cost of Living: Shreveport, LA vs Lubbock, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Shreveport | Lubbock |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $242,000 | $232,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1240 | $1280 |
Housing Comparison: Shreveport vs Lubbock
- In Shreveport, the median home price is higher at $242,000, while in Lubbock it is $232,000.
- The rent for a two-bedroom apartment is equal in both Shreveport and Lubbock at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Shreveport | Lubbock |
|---|---|---|
| Electricity Price | $11.42 | $14.47 |
| Natural Gas Price | $19.48 | $26.29 |
| Other Utilities | $250 | $260 |
Utilities Comparison: Shreveport vs Lubbock
- Lubbock has higher electricity costs at $14.47 per kWh, versus $11.42 in Shreveport.
- Lubbock experiences higher natural gas costs at $26.29 per unit, with costs at $19.48 in Shreveport.
- Lubbock has higher utility expenses, averaging $260, while Shreveport averages $250.