Laredo is 29% cheaper than New Haven.
When comparing Laredo, TX and New Haven, CT, the overall cost of living indices are 67 and 95 respectively (national median = 100). Rent is $441/month cheaper in Laredo, saving renters about $5,292/year.
Median household income is $9,493/year higher in Laredo. Home values also differ significantly — the median in Laredo is $182,400 compared to $249,000 in New Haven.
Texas has no state income tax, giving Laredo residents a significant tax advantage over Connecticut's 6.99% rate.
Laredo vs New Haven — common questions
Other cost of living comparisons for Laredo and New Haven