Cost of Living: Laredo, TX vs Cape Coral, FL (2026)

Laredo

Texas
67
VS

Cape Coral

Florida
114

Laredo is 41% cheaper than Cape Coral.

$1,001/mo ↓ 43%
Median Rent
$1,751/mo ↑ 75%
$63,264/yr ↓ 17%
Median Income
$76,062/yr ↑ 20%
$182,400 ↓ 46%
Home Value
$339,200 ↑ 86%
$1,066/mo ↓ 30%
Owner Costs
$1,523/mo ↑ 43%
255,949
Population
206,387

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
0.86%

Affordability

19.0%
rent-to-income
Affordability
27.6%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Cape Coral, FL, the overall cost of living indices are 67 and 114 respectively (national median = 100). Rent is $750/month cheaper in Laredo, saving renters about $9,000/year.

Median household income is $12,798/year higher in Cape Coral. Home values also differ significantly — the median in Laredo is $182,400 compared to $339,200 in Cape Coral.

Frequently Asked Questions

Laredo vs Cape Coral — common questions

Is Laredo or Cape Coral cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 114 (US average = 100).
What is the rent difference between Laredo and Cape Coral?
Median rent in Laredo is $1,001/month and in Cape Coral it's $1,751/month — a difference of $750/month.
Which city has higher income, Laredo or Cape Coral?
Median household income is $63,264 in Laredo and $76,062 in Cape Coral. Median household income is $12,798/year higher in Cape Coral.
How do taxes compare between Texas and Florida?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Laredo or Cape Coral?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Cape Coral has a cost index of 114 with rent of $1,751/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Cape Coral details →

More Comparisons

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