Cost of Living in Laredo, TX
2024 data from the Bureau of Economic Analysis
Cost Index
87.0
13.0% below avg
Housing Index
59.7
Median Income
$59,984
Median Rent
$964/mo
Cost Breakdown
Overall87.0 (-13.0%)
Housing59.7 (-40.3%)
Goods93.8 (-6.2%)
Utilities80.6 (-19.4%)
Other Services96.2 (-3.8%)
National average = 100
Income & Housing
Median Household Income
$59,984/year
Median Home Value
$161,000
Median Monthly Rent
$964/mo
Per Capita Income
$23,446/year
Compare Laredo, TX With
Frequently Asked Questions
Is Laredo, TX expensive to live in?
Laredo, TX has a cost of living index of 87.0, which is 13.0% below the national average.
How much does housing cost in Laredo, TX?
Housing costs in Laredo, TX are indexed at 59.7 compared to the national average of 100. The median monthly rent is $964.
What is the average income in Laredo, TX?
The median household income in Laredo, TX is $59,984 per year.
What is the average home price in Laredo, TX?
The median home value in Laredo, TX is $161,000.