Living Cost Compare
Minneapolis

Minnesota

$1,370/mo est.

vs
Shreveport

Louisiana

$1,000/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,370 in Minneapolis, MN versus $1,000 in Shreveport, LA. Overall, Shreveport, LA is roughly 27% cheaper to live in day-to-day than Minneapolis, MN, driven mainly by rent.

Median household income is $80,269 in Minneapolis, MN and $48,465 in Shreveport, LA — about 40% higher in Minneapolis, MN. Minnesota has a top state income tax rate of 9.85% and a 6.875% state sales tax; Louisiana has a top state income tax rate of 3.00% and a 5% state sales tax.

Minneapolis, MN
Shreveport, LA

Rent

Studio
$992
$756
+24% in Minneapolis, MN
1 Bedroom
$1,192
$843
+29% in Minneapolis, MN
2 Bedroom
$1,555
$978
+37% in Minneapolis, MN
3 Bedroom
$1,761
$1,136
+35% in Minneapolis, MN

Buying a Home

Median Home Value
$345,600
$178,100
+48% in Minneapolis, MN

Income

Median Household Income
$80,269
$48,465
+40% in Minneapolis, MN
Metro Median Wage (annual)
$59,320
$44,820
+24% in Minneapolis, MN

People & Lifestyle

Median Age
33.0 yr
37.5 yr
+4.5 yr in Shreveport, LA
Homeownership
48.0%
53.8%
+5.8 pp in Shreveport, LA
Bachelor's+ (25+)
54.5%
27.5%
+27.0 pp in Minneapolis, MN
Avg Commute
22.5 min
19.0 min
+3.5 min in Minneapolis, MN

Crime (per 100k/yr)

Violent Crime
1,168.5
1,235.4
+6% in Shreveport, LA
Property Crime
5,183.1
4,048.2
+22% in Minneapolis, MN

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
47.4°F
65.5°F
+18.1°F in Shreveport, LA
Annual Precipitation
32.8 in
51.0 in
+18.1 in in Shreveport, LA

Gas

Regular Gasoline
$3.95/gal
$3.62/gal
+8% in Minneapolis, MN

Area: Minnesota vs Gulf Coast (PADD 3).

Public Transit

Base Fare (one-way)
$2.00
—

Adult base one-way fare — Metro Transit vs — (2026).

Utilities

Electricity (¢/kWh)
16.9
14.2
+17% in Minneapolis, MN
Natural Gas ($/MCF)
$14.95
$16.62
+11% in Shreveport, LA

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.31
$4.00
+7% in Minneapolis, MN
Bread (lb)
$1.66
$1.75
+5% in Shreveport, LA
Eggs (doz)
$3.63
$2.21
+39% in Minneapolis, MN
Ground Beef (lb)
$6.77
$6.45
+5% in Minneapolis, MN
Chicken (lb)
$2.10
$1.90
+9% in Minneapolis, MN
Bananas (lb)
$0.62
$0.62
about equal

Average prices — Midwest vs South (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (MN / LA)
6.875%
5%
+1.9 pp in MN
Income Tax (top rate)
9.85%
3.00%
+6.8 pp in MN

Minneapolis vs Shreveport — FAQ

Is it cheaper to live in Minneapolis or Shreveport?
Shreveport, LA is cheaper. Its monthly baseline of $1,000 (1BR rent + utilities) runs about 27% below Minneapolis, MN's $1,370, mainly because of rent.
How much more do you need to earn to live in Minneapolis than in Shreveport?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $48,000 a year in Minneapolis versus $34,000 in Shreveport.
Which has lower taxes, Minneapolis or Shreveport?
Minneapolis is taxed under Minnesota's rules (a top state income tax rate of 9.85% and a 6.875% state sales tax); Shreveport under Louisiana's (a top state income tax rate of 3.00% and a 5% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).