Cost of Living: Laredo, TX vs Ann Arbor, MI (2026)

Laredo

Texas
67
VS

Ann Arbor

Michigan
121

Laredo is 45% cheaper than Ann Arbor.

$1,001/mo ↓ 36%
Median Rent
$1,552/mo ↑ 55%
$63,264/yr ↓ 22%
Median Income
$81,089/yr ↑ 28%
$182,400 ↓ 58%
Home Value
$435,100 ↑ 139%
$1,066/mo ↓ 35%
Owner Costs
$1,638/mo ↑ 54%
255,949
Population
121,179

Tax Comparison

0%
Income Tax
4.25%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
1.38%

Affordability

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

Detailed Comparison

When comparing Laredo, TX and Ann Arbor, MI, the overall cost of living indices are 67 and 121 respectively (national median = 100). Rent is $551/month cheaper in Laredo, saving renters about $6,612/year.

Median household income is $17,825/year higher in Ann Arbor. Home values also differ significantly — the median in Laredo is $182,400 compared to $435,100 in Ann Arbor.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Michigan's 4.25% rate.

Frequently Asked Questions

Laredo vs Ann Arbor — common questions

Is Laredo or Ann Arbor cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 121 (US average = 100).
What is the rent difference between Laredo and Ann Arbor?
Median rent in Laredo is $1,001/month and in Ann Arbor it's $1,552/month — a difference of $551/month.
Which city has higher income, Laredo or Ann Arbor?
Median household income is $63,264 in Laredo and $81,089 in Ann Arbor. Median household income is $17,825/year higher in Ann Arbor.
How do taxes compare between Texas and Michigan?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax.
Should I move to Laredo or Ann Arbor?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Ann Arbor has a cost index of 121 with rent of $1,552/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Ann Arbor details →

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