Laredo is 52% cheaper than Lakewood.
When comparing Laredo, TX and Lakewood, CO, the overall cost of living indices are 67 and 141 respectively (national median = 100). Rent is $745/month cheaper in Laredo, saving renters about $8,940/year.
Median household income is $22,525/year higher in Lakewood. Home values also differ significantly — the median in Laredo is $182,400 compared to $548,200 in Lakewood.
Texas has no state income tax, giving Laredo residents a significant tax advantage over Colorado's 4.4% rate.
Laredo vs Lakewood — common questions
Other cost of living comparisons for Laredo and Lakewood