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Cost of Living in Bossier City, LA

Population 62,901 · Census ACS 2020–2024 5-year estimates

Median rent$1,107
Median home value$202,100
Median household income$55,819

The median rent in Bossier City, LA is $1,107/month, 4% higher than the Louisiana median and 22% lower than the U.S. median. The median home value is $202,100, 39% lower than the national median. Households earn a median of $55,819 a year, 8% lower than the state median.

Affordability

Rent as a share of median income: 23.8%
Income needed for median rent (30% rule): $44,280/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,022/mo

Run your own numbers: mortgage calculator · hourly to salary

Bossier City vs. Louisiana vs. U.S.

Bossier CityLouisianaU.S.
Median rent$1,107$1,064$1,413
Median home value$202,100$216,500$332,700
Median household income$55,819$60,756$80,734
Homeownership rate53.2%67.4%65.2%
Bachelor's degree or higher24.7%27.0%35.7%
Poverty rate20.8%18.9%12.5%
Unemployment rate6.5%6.3%5.2%
Work from home6.0%8.1%15.1%
Median age35.438.038.9

FAQ

What is the average rent in Bossier City, LA?

The median gross rent in Bossier City, LA is $1,107 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Bossier City, LA?

Using the common 30% rule, renting a median-priced home takes about $44,280 a year in gross income.

Is Bossier City, LA expensive to live in?

Rent there is 22% lower than the U.S. median, and the median home costs about 3.6 times the median household income.

Other cities in Louisiana

New Orleans, LARent $1,251 · Income $56,631Baton Rouge, LARent $1,067 · Income $49,994Shreveport, LARent $987 · Income $48,699Metairie, LARent $1,175 · Income $73,042Lafayette, LARent $1,100 · Income $61,915Lake Charles, LARent $1,109 · Income $59,235

Cities with a similar cost of living

Champaign, ILRent $1,123 · Income $56,118Hopewell, VARent $1,106 · Income $54,729Chambersburg, PARent $1,099 · Income $56,576Hammond, INRent $1,134 · Income $55,504Sumter, SCRent $1,076 · Income $55,592Beaumont, TXRent $1,121 · Income $56,997

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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