Cost of Living: Laredo, TX vs Irving, TX (2026)

Laredo

Texas
67
VS

Irving

Texas
102

Laredo is 34% cheaper than Irving.

$1,001/mo ↓ 34%
Median Rent
$1,517/mo ↑ 52%
$63,264/yr ↓ 21%
Median Income
$79,641/yr ↑ 26%
$182,400 ↓ 37%
Home Value
$287,300 ↑ 58%
$1,066/mo ↓ 30%
Owner Costs
$1,521/mo ↑ 43%
255,949
Population
255,036

Tax Comparison

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

Affordability

19.0%
rent-to-income
Affordability
22.9%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Irving, TX, the overall cost of living indices are 67 and 102 respectively (national median = 100). Rent is $516/month cheaper in Laredo, saving renters about $6,192/year.

Median household income is $16,377/year higher in Irving. Home values also differ significantly — the median in Laredo is $182,400 compared to $287,300 in Irving.

Both cities share the same state tax structure since they are in Texas.

Frequently Asked Questions

Laredo vs Irving — common questions

Is Laredo or Irving cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 102 (US average = 100).
What is the rent difference between Laredo and Irving?
Median rent in Laredo is $1,001/month and in Irving it's $1,517/month — a difference of $516/month.
Which city has higher income, Laredo or Irving?
Median household income is $63,264 in Laredo and $79,641 in Irving. Median household income is $16,377/year higher in Irving.
How do taxes compare between Texas and Texas?
Both cities are in Texas and share the same state tax rates: 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Laredo or Irving?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Irving has a cost index of 102 with rent of $1,517/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Irving details →

More Comparisons

Other cost of living comparisons for Laredo and Irving

Laredo vs. St. Petersburg Laredo vs. Lubbock Laredo vs. Chesapeake Laredo vs. Fort Wayne Laredo vs. Winston-Salem Laredo vs. Toledo Irving vs. Chesapeake Irving vs. St. Petersburg Irving vs. Winston-Salem Irving vs. Lubbock Irving vs. Glendale Irving vs. Fort Wayne