Cost of Living: Laredo, TX vs Lakeland, FL (2026)

Laredo

Texas
67
VS

Lakeland

Florida
82

Laredo is 18% cheaper than Lakeland.

$1,001/mo ↓ 23%
Median Rent
$1,299/mo ↑ 30%
$63,264/yr ↑ 4%
Median Income
$60,947/yr ↓ 4%
$182,400 ↓ 20%
Home Value
$229,100 ↑ 26%
$1,066/mo ↓ 7%
Owner Costs
$1,149/mo ↑ 8%
255,949
Population
117,030

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
0.86%

Affordability

19.0%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Lakeland, FL, the overall cost of living indices are 67 and 82 respectively (national median = 100). Rent is $298/month cheaper in Laredo, saving renters about $3,576/year.

Median household income is $2,317/year higher in Laredo. Home values also differ significantly — the median in Laredo is $182,400 compared to $229,100 in Lakeland.

Frequently Asked Questions

Laredo vs Lakeland — common questions

Is Laredo or Lakeland cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 82 (US average = 100).
What is the rent difference between Laredo and Lakeland?
Median rent in Laredo is $1,001/month and in Lakeland it's $1,299/month — a difference of $298/month.
Which city has higher income, Laredo or Lakeland?
Median household income is $63,264 in Laredo and $60,947 in Lakeland. Median household income is $2,317/year higher in Laredo.
How do taxes compare between Texas and Florida?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Laredo or Lakeland?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Lakeland has a cost index of 82 with rent of $1,299/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Lakeland details →

More Comparisons

Other cost of living comparisons for Laredo and Lakeland

Laredo vs. St. Petersburg Laredo vs. Irving Laredo vs. Lubbock Laredo vs. Chesapeake Laredo vs. Fort Wayne Laredo vs. Winston-Salem Lakeland vs. Clearwater Lakeland vs. The Woodlands Lakeland vs. North Charleston Lakeland vs. Evansville Lakeland vs. Cambridge Lakeland vs. Brandon