Cost of Living in Bossier Parish, Louisiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Bossier Parish Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Bossier Parish ranks #2,810 of 3,144 counties for affordability (bottom 11%)
Data Story
About Cost of Living in Bossier Parish, Louisiana
Bossier Parish: Premium pricing, strained affordability
At 21.1%, Bossier Parish's rent-to-income ratio exceeds Louisiana's 19.5% state average despite median rents of $1,168—the state's second-highest. Residents earning $66,336 annually face housing costs that consume an outsized share of income relative to peer parishes. Bossier's strong economy attracts workers, but housing costs rise faster than wages.
Bossier among Louisiana's most expensive markets
Bossier Parish ranks among Louisiana's higher-cost parishes with a concerning 21.1% rent-to-income ratio, placing it in the bottom third for affordability. Despite reasonable income levels, housing costs strain household budgets more heavily here than nearly everywhere else in Louisiana. This reflects Bossier's status as a regional job hub near Shreveport.
Bossier dominates regional housing costs
Bossier's $1,168 median rent dwarfs all comparison parishes—$287 above Acadia ($725), $493 above Beauregard ($882), and $367 above Assumption ($801). Home values hit $215,100, reflecting this parish's premium positioning near Shreveport's job market. Bossier renters pay premium prices for proximity to employment and services.
Renters shoulder 21% burden; owners face 19.5%
Bossier renters earning $66,336 pay $1,168 monthly (21.1%), while homeowners carrying $215,100 median-value mortgages pay $1,084 (19.5%). The modest owner advantage (1.6 percentage points) suggests rental and ownership markets move in tandem here. Residents face elevated housing burdens across both market segments.
Bossier: Economic hub with housing trade-off
Bossier Parish offers strong Shreveport-area job opportunities but demands acceptance of the state's highest housing costs—rents run $1,168 monthly, consuming 21.1% of earnings. Only relocate if your income exceeds the $66,336 median or job prospects justify the premium. Compare Bossier rents against our more affordable parishes before committing.
Cost of Living Advisory: Bossier Parish
Affordability Verdict
Bossier Parish is affordable for renters, with a median gross rent of $1,168/month representing approximately 21.1% of median household income. The rent burden (GRAPI) stands at 29.0%.
Rent vs. Own
At $1,168/month rent versus $1,084/month in owner costs, owning is roughly $84/month cheaper — a 7% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $46,720/year. For owner costs at the 28% rule, the required income is roughly $46,457/year. With a median household income of $66,336, most households can comfortably afford rent here. Notably, 29.0% of renter households in Bossier Parish are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Louisiana, Bossier Parish is more affordable than Livingston Parish by roughly 6% ($1,168/mo vs $1,102/mo).
Affordability Calculator
See how your income compares to housing costs in Bossier Parish
Rent Burden
21.1%
of gross income
Max Housing (28% Rule)
$1,548
per month
Owner Cost Burden
19.6%
of gross income
The median home in Bossier Parish may be a stretch
Median home value is $215,100. Estimated monthly cost: $1,717 vs. your max of $1,548.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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