Salary Needed to Live in Shreveport as a Retiree
A retired individual (65+) needs approximately $42,926/year to live comfortably in Shreveport, LA, including 5% savings.
Direct Answer
A retiree needs about $42,926/year to live comfortably in Shreveport, LA. The bare-minimum salary is $40,064/year, but the comfortable figure includes a 5% savings target and a monthly after-tax budget of $2,645.
The minimum scenario leaves about $2,504/mo after tax and no planned savings. The comfortable scenario uses $3,577/mo gross pay to cover expenses, taxes, and a savings buffer.
Hybrid salary estimateBLS, HUD, ACS inputsLast verified May 2026
Comfortable Salary
$42,926
with 5% savings
Bare Minimum
$40,064
$3,339/mo gross, no savings buffer
Monthly Expenses
$2,504
32% below national avg
Detailed Monthly Budget for a Retiree in Shreveport
| Expense | Shreveport | Nat'l Avg | Diff |
|---|---|---|---|
| 1-2BR Senior-Friendly Rent | $723 | $1,448 | -50% |
| Groceries | $217 | $189 | +15% |
| Utilities | $136 | $183 | -26% |
| Transportation | $184 | $211 | -13% |
| Car Insurance | $146 | $223 | -35% |
| Health Insurance | $467 | $672 | -31% |
| 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 | $2,504 | $3,696 | -32% |
How We Calculated the Salary
Monthly expenses:$2,504
Target savings (5%):$141/mo
Monthly after-tax needed:$2,645
Effective tax rate:25%
Gross annual salary needed:$42,926
What Drives the Salary Number?
Housing
$723
1-2BR Senior-Friendly rent is 29% of this monthly budget.
Taxes
25%
Estimated federal plus LA state tax reserve used to convert take-home needs into gross salary.
Savings target
5%
$141/mo is reserved for savings so the salary is not just break-even.
Local index
82/100
Shreveport is below the national baseline; the model adjusts baseline spending by local rent and cost data.
Compare Salary Needed in Nearby south Cities
Salary Planning Checklist
- Keep 1-2br senior-friendly housing near $723/mo or adjust the salary target upward.
- Budget $631/mo for persona-specific costs such as Medicare Supplement and Prescription Drugs.
- Use $40,064/year as the survival floor and $42,926/year as the healthier negotiation target.
Other Household Types in Shreveport
Related Pages
FAQ
What salary does a retiree need in Shreveport?
A retiree needs approximately $42,926/year ($3,577/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 $723/month, which is the largest single expense at 29% of the total budget.
Is Shreveport affordable for a retiree?
Yes, Shreveport is 32% more affordable than the national average for a retiree.