Austin is 100% more expensive than Laredo.
When comparing Austin, TX and Laredo, TX, the overall cost of living indices are 134 and 67 respectively (national median = 100). Rent is $654/month cheaper in Laredo, saving renters about $7,848/year.
Median household income is $28,197/year higher in Austin. Home values also differ significantly — the median in Austin is $512,700 compared to $182,400 in Laredo.
Both cities share the same state tax structure since they are in Texas.
Austin vs Laredo — common questions
Other cost of living comparisons for Austin and Laredo