Cost of Living: Laredo, TX vs Hampton, VA (2026)

Laredo

Texas
67
VS

Hampton

Virginia
88

Laredo is 24% cheaper than Hampton.

$1,001/mo ↓ 26%
Median Rent
$1,346/mo ↑ 34%
$63,264/yr ↓ 7%
Median Income
$67,758/yr ↑ 7%
$182,400 ↓ 22%
Home Value
$234,100 ↑ 28%
$1,066/mo ↓ 21%
Owner Costs
$1,347/mo ↑ 26%
255,949
Population
137,334

Tax Comparison

0%
Income Tax
5.75%
6.25%
State Sales Tax
5.3%
1.6%
Property Tax
0.8%

Affordability

19.0%
rent-to-income
Affordability
23.8%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Hampton, VA, the overall cost of living indices are 67 and 88 respectively (national median = 100). Rent is $345/month cheaper in Laredo, saving renters about $4,140/year.

Median household income is $4,494/year higher in Hampton. Home values also differ significantly — the median in Laredo is $182,400 compared to $234,100 in Hampton.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Virginia's 5.75% rate.

Frequently Asked Questions

Laredo vs Hampton — common questions

Is Laredo or Hampton cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 88 (US average = 100).
What is the rent difference between Laredo and Hampton?
Median rent in Laredo is $1,001/month and in Hampton it's $1,346/month — a difference of $345/month.
Which city has higher income, Laredo or Hampton?
Median household income is $63,264 in Laredo and $67,758 in Hampton. Median household income is $4,494/year higher in Hampton.
How do taxes compare between Texas and Virginia?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to Laredo or Hampton?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Hampton has a cost index of 88 with rent of $1,346/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Hampton details →

More Comparisons

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