Cost of Living: Laredo, TX vs Fargo, ND (2026)

Laredo

Texas
67
VS

Fargo

North Dakota
73

Laredo is 8% cheaper than Fargo.

$1,001/mo ↑ 9%
Median Rent
$916/mo ↓ 8%
$63,264/yr ↓ 4%
Median Income
$66,029/yr ↑ 4%
$182,400 ↓ 32%
Home Value
$269,800 ↑ 48%
$1,066/mo ↑ 7%
Owner Costs
$997/mo ↓ 6%
255,949
Population
129,064

Tax Comparison

0%
Income Tax
2.5%
6.25%
State Sales Tax
5.0%
1.6%
Property Tax
0.98%

Affordability

19.0%
rent-to-income
Affordability
16.6%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Fargo, ND, the overall cost of living indices are 67 and 73 respectively (national median = 100). Rent is $85/month cheaper in Fargo, saving renters about $1,020/year.

Median household income is $2,765/year higher in Fargo. Home values also differ significantly — the median in Laredo is $182,400 compared to $269,800 in Fargo.

Texas has no state income tax, giving Laredo residents a significant tax advantage over North Dakota's 2.5% rate.

Frequently Asked Questions

Laredo vs Fargo — common questions

Is Laredo or Fargo cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 73 (US average = 100).
What is the rent difference between Laredo and Fargo?
Median rent in Laredo is $1,001/month and in Fargo it's $916/month — a difference of $85/month.
Which city has higher income, Laredo or Fargo?
Median household income is $63,264 in Laredo and $66,029 in Fargo. Median household income is $2,765/year higher in Fargo.
How do taxes compare between Texas and North Dakota?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. North Dakota has 2.5% income tax, 5.0% sales tax, and 0.98% property tax.
Should I move to Laredo or Fargo?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Fargo has a cost index of 73 with rent of $916/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Fargo details →

More Comparisons

Other cost of living comparisons for Laredo and Fargo

Laredo vs. St. Petersburg Laredo vs. Irving Laredo vs. Lubbock Laredo vs. Chesapeake Laredo vs. Fort Wayne Laredo vs. Winston-Salem Fargo vs. Santa Clara Fargo vs. Norman Fargo vs. Carrollton Fargo vs. Lewisville Fargo vs. New Haven Fargo vs. Lehigh Acres