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

Laredo

Texas
67
VS

Dearborn

Michigan
79

Laredo is 15% cheaper than Dearborn.

$1,001/mo ↓ 21%
Median Rent
$1,264/mo ↑ 26%
$63,264/yr ↓ 3%
Median Income
$65,192/yr ↑ 3%
$182,400 ↓ 11%
Home Value
$205,900 ↑ 13%
$1,066/mo ↓ 9%
Owner Costs
$1,174/mo ↑ 10%
255,949
Population
107,846

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
23.3%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Dearborn, MI, the overall cost of living indices are 67 and 79 respectively (national median = 100). Rent is $263/month cheaper in Laredo, saving renters about $3,156/year.

Median household income is $1,928/year higher in Dearborn. Home values also differ significantly — the median in Laredo is $182,400 compared to $205,900 in Dearborn.

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

Frequently Asked Questions

Laredo vs Dearborn — common questions

Is Laredo or Dearborn cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 79 (US average = 100).
What is the rent difference between Laredo and Dearborn?
Median rent in Laredo is $1,001/month and in Dearborn it's $1,264/month — a difference of $263/month.
Which city has higher income, Laredo or Dearborn?
Median household income is $63,264 in Laredo and $65,192 in Dearborn. Median household income is $1,928/year higher in Dearborn.
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 Dearborn?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Dearborn has a cost index of 79 with rent of $1,264/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Dearborn details →

More Comparisons

Other cost of living comparisons for Laredo and Dearborn

Laredo vs. St. Petersburg Laredo vs. Irving Laredo vs. Lubbock Laredo vs. Chesapeake Laredo vs. Fort Wayne Laredo vs. Winston-Salem Dearborn vs. Sparks Dearborn vs. Riverview Dearborn vs. South Fulton Dearborn vs. Tyler Dearborn vs. Greeley Dearborn vs. Tuscaloosa