Cost of Living: Laredo, TX vs Allen, TX (2026)

Laredo

Texas
67
VS

Allen

Texas
137

Laredo is 51% cheaper than Allen.

$1,001/mo ↓ 47%
Median Rent
$1,877/mo ↑ 88%
$63,264/yr ↓ 51%
Median Income
$129,130/yr ↑ 104%
$182,400 ↓ 58%
Home Value
$429,900 ↑ 136%
$1,066/mo ↓ 49%
Owner Costs
$2,083/mo ↑ 95%
255,949
Population
107,684

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.25%
1.6%
Property Tax
1.6%

Affordability

19.0%
rent-to-income
Affordability
17.4%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Allen, TX, the overall cost of living indices are 67 and 137 respectively (national median = 100). Rent is $876/month cheaper in Laredo, saving renters about $10,512/year.

Median household income is $65,866/year higher in Allen. Home values also differ significantly — the median in Laredo is $182,400 compared to $429,900 in Allen.

Both cities share the same state tax structure since they are in Texas.

Frequently Asked Questions

Laredo vs Allen — common questions

Is Laredo or Allen cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 137 (US average = 100).
What is the rent difference between Laredo and Allen?
Median rent in Laredo is $1,001/month and in Allen it's $1,877/month — a difference of $876/month.
Which city has higher income, Laredo or Allen?
Median household income is $63,264 in Laredo and $129,130 in Allen. Median household income is $65,866/year higher in Allen.
How do taxes compare between Texas and Texas?
Both cities are in Texas and share the same state tax rates: 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Laredo or Allen?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Allen has a cost index of 137 with rent of $1,877/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Allen details →

More Comparisons

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