Cost of Living: Laredo, TX vs Joliet, IL (2026)

Laredo

Texas
67
VS

Joliet

Illinois
88

Laredo is 24% cheaper than Joliet.

$1,001/mo ↓ 19%
Median Rent
$1,237/mo ↑ 24%
$63,264/yr ↓ 28%
Median Income
$88,026/yr ↑ 39%
$182,400 ↓ 27%
Home Value
$248,600 ↑ 36%
$1,066/mo ↓ 28%
Owner Costs
$1,472/mo ↑ 38%
255,949
Population
149,785

Tax Comparison

0%
Income Tax
4.95%
6.25%
State Sales Tax
6.25%
1.6%
Property Tax
2.07%

Affordability

19.0%
rent-to-income
Affordability
16.9%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Joliet, IL, the overall cost of living indices are 67 and 88 respectively (national median = 100). Rent is $236/month cheaper in Laredo, saving renters about $2,832/year.

Median household income is $24,762/year higher in Joliet. Home values also differ significantly — the median in Laredo is $182,400 compared to $248,600 in Joliet.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

Laredo vs Joliet — common questions

Is Laredo or Joliet 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 Joliet?
Median rent in Laredo is $1,001/month and in Joliet it's $1,237/month — a difference of $236/month.
Which city has higher income, Laredo or Joliet?
Median household income is $63,264 in Laredo and $88,026 in Joliet. Median household income is $24,762/year higher in Joliet.
How do taxes compare between Texas and Illinois?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Laredo or Joliet?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Joliet has a cost index of 88 with rent of $1,237/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Joliet details →

More Comparisons

Other cost of living comparisons for Laredo and Joliet

Laredo vs. St. Petersburg Laredo vs. Irving Laredo vs. Lubbock Laredo vs. Chesapeake Laredo vs. Fort Wayne Laredo vs. Winston-Salem Joliet vs. Jackson Joliet vs. Surprise Joliet vs. Escondido Joliet vs. Naperville Joliet vs. Bellevue Joliet vs. Pasadena