Cost of Living: Laredo, TX vs Evansville, IN (2026)

Laredo

Texas
67
VS

Evansville

Indiana
57

Laredo is 18% more expensive than Evansville.

$1,001/mo ↑ 5%
Median Rent
$949/mo ↓ 5%
$63,264/yr ↑ 21%
Median Income
$52,251/yr ↓ 17%
$182,400 ↑ 41%
Home Value
$129,100 ↓ 29%
$1,066/mo ↑ 16%
Owner Costs
$919/mo ↓ 14%
255,949
Population
116,441

Tax Comparison

0%
Income Tax
3.05%
6.25%
State Sales Tax
7.0%
1.6%
Property Tax
0.83%

Affordability

19.0%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Evansville, IN, the overall cost of living indices are 67 and 57 respectively (national median = 100). Rent is $52/month cheaper in Evansville, saving renters about $624/year.

Median household income is $11,013/year higher in Laredo. Home values also differ significantly — the median in Laredo is $182,400 compared to $129,100 in Evansville.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

Laredo vs Evansville — common questions

Is Laredo or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 67 (US average = 100).
What is the rent difference between Laredo and Evansville?
Median rent in Laredo is $1,001/month and in Evansville it's $949/month — a difference of $52/month.
Which city has higher income, Laredo or Evansville?
Median household income is $63,264 in Laredo and $52,251 in Evansville. Median household income is $11,013/year higher in Laredo.
How do taxes compare between Texas and Indiana?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Laredo or Evansville?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Evansville has a cost index of 57 with rent of $949/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Evansville details →

More Comparisons

Other cost of living comparisons for Laredo and Evansville

Laredo vs. St. Petersburg Laredo vs. Irving Laredo vs. Lubbock Laredo vs. Chesapeake Laredo vs. Fort Wayne Laredo vs. Winston-Salem Evansville vs. The Woodlands Evansville vs. Brandon Evansville vs. Lakeland Evansville vs. West Jordan Evansville vs. Clearwater Evansville vs. Broken Arrow