Salary Needed to Live in Shreveport as a Retiree
A retired individual (65+) needs approximately $16,097/year to live comfortably in Shreveport, LA — including 5% savings.
Comfortable Salary
$16,097
with 5% savings
Bare Minimum
$15,024
no savings buffer
Monthly Expenses
$939
23% below national avg
Detailed Monthly Budget for a Retiree in Shreveport
| Expense | Shreveport | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Senior-Friendly Rent | $79 | $121 | -35% |
| 🛒 Groceries | $18 | $16 | +13% |
| ⚡ Utilities | $11 | $15 | -27% |
| 🚗 Transportation | $15 | $18 | -17% |
| 🛡️ Car Insurance | $146 | $223 | -35% |
| 🏥 Health Insurance | $39 | $56 | -30% |
| Medicare Supplement | $164 | $200 | -18% |
| Prescription Drugs | $123 | $150 | -18% |
| Internet + Phone | $98 | $120 | -18% |
| Recreation & Social | $164 | $200 | -18% |
| Home Maintenance | $82 | $100 | -18% |
| Total Monthly | $939 | $1,219 | -23% |
How We Calculated the Salary
Monthly expenses:$939
Target savings (5%):$53/mo
Monthly after-tax needed:$992
Effective tax rate:25%
Gross annual salary needed:$16,097
Other Household Types in Shreveport
Related Pages
FAQ
What salary does a retiree need in Shreveport?
A retiree needs approximately $16,097/year ($1,341/month gross) to live comfortably in Shreveport with a 5% savings rate.
How much is rent for a retiree in Shreveport?
A 1-2br senior-friendly in Shreveport costs approximately $79/month, which is the largest single expense at 8% of the total budget.
Is Shreveport affordable for a retiree?
Yes, Shreveport is 23% more affordable than the national average for a retiree.