Cost of Living: Laredo, TX vs Akron, OH (2026)

Laredo

Texas
67
VS

Akron

Ohio
55

Laredo is 22% more expensive than Akron.

$1,001/mo ↑ 8%
Median Rent
$930/mo ↓ 7%
$63,264/yr ↑ 30%
Median Income
$48,544/yr ↓ 23%
$182,400 ↑ 64%
Home Value
$111,200 ↓ 39%
$1,066/mo ↑ 18%
Owner Costs
$904/mo ↓ 15%
255,949
Population
189,526

Tax Comparison

0%
Income Tax
3.5%
6.25%
State Sales Tax
5.75%
1.6%
Property Tax
1.53%

Affordability

19.0%
rent-to-income
Affordability
23.0%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Akron, OH, the overall cost of living indices are 67 and 55 respectively (national median = 100). Rent is $71/month cheaper in Akron, saving renters about $852/year.

Median household income is $14,720/year higher in Laredo. Home values also differ significantly — the median in Laredo is $182,400 compared to $111,200 in Akron.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Ohio's 3.5% rate.

Frequently Asked Questions

Laredo vs Akron — common questions

Is Laredo or Akron cheaper to live in?
Based on our cost index, Akron is cheaper to live in with an index of 55 compared to 67 (US average = 100).
What is the rent difference between Laredo and Akron?
Median rent in Laredo is $1,001/month and in Akron it's $930/month — a difference of $71/month.
Which city has higher income, Laredo or Akron?
Median household income is $63,264 in Laredo and $48,544 in Akron. Median household income is $14,720/year higher in Laredo.
How do taxes compare between Texas and Ohio?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Laredo or Akron?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Akron has a cost index of 55 with rent of $930/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Akron details →

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