Cost of Living: Buffalo, NY vs Laredo, TX (2026)

Buffalo

New York
61
VS

Laredo

Texas
67

Buffalo is 9% cheaper than Laredo.

$989/mo ↓ 1%
Median Rent
$1,001/mo ↑ 1%
$48,050/yr ↓ 24%
Median Income
$63,264/yr ↑ 32%
$152,300 ↓ 17%
Home Value
$182,400 ↑ 20%
$929/mo ↓ 13%
Owner Costs
$1,066/mo ↑ 15%
276,397
Population
255,949

Tax Comparison

10.9%
Income Tax
0%
4.0%
State Sales Tax
6.25%
1.62%
Property Tax
1.6%

Affordability

24.7%
rent-to-income
Affordability
19.0%
rent-to-income

Detailed Comparison

When comparing Buffalo, NY and Laredo, TX, the overall cost of living indices are 61 and 67 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $15,214/year higher in Laredo. Home values also differ significantly — the median in Buffalo is $152,300 compared to $182,400 in Laredo.

Texas has no state income tax, giving Laredo residents a significant tax advantage over New York's 10.9% rate.

Frequently Asked Questions

Buffalo vs Laredo — common questions

Is Buffalo or Laredo cheaper to live in?
Based on our cost index, Buffalo is cheaper to live in with an index of 61 compared to 67 (US average = 100).
What is the rent difference between Buffalo and Laredo?
Median rent in Buffalo is $989/month and in Laredo it's $1,001/month — a difference of $12/month.
Which city has higher income, Buffalo or Laredo?
Median household income is $48,050 in Buffalo and $63,264 in Laredo. Median household income is $15,214/year higher in Laredo.
How do taxes compare between New York and Texas?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Buffalo or Laredo?
It depends on your priorities. Buffalo has a cost index of 61 with median rent of $989/mo, while Laredo has a cost index of 67 with rent of $1,001/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Buffalo details → View Laredo details →

More Comparisons

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