Laredo, TX vs Newport News, VA: 67 vs 87

$1,001/mo ↓ 22%

Median Rent

$1,285/mo ↑ 28%

$63,264/yr ↓ 5%

Median Income

$66,718/yr ↑ 5%

$182,400 ↓ 25%

Home Value

$243,300 ↑ 33%

$1,066/mo ↓ 20%

Owner Costs

$1,328/mo ↑ 25%

255,949

Population

184,774

Detailed Comparison

When comparing Laredo, TX and Newport News, VA, the overall cost of living indices are 67 and 87 respectively (national median = 100). Rent is $284/month cheaper in Laredo, saving renters about $3,408/year.

Median household income is $3,454/year higher in Newport News. Home values also differ significantly — the median in Laredo is $182,400 compared to $243,300 in Newport News.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Virginia's 5.75% rate.

Frequently Asked Questions

Laredo vs Newport News — common questions

Is Laredo or Newport News cheaper to live in?

Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 87 (US average = 100).

What is the rent difference between Laredo and Newport News?

Median rent in Laredo is $1,001/month and in Newport News it's $1,285/month — a difference of $284/month.

Which city has higher income, Laredo or Newport News?

Median household income is $63,264 in Laredo and $66,718 in Newport News. Median household income is $3,454/year higher in Newport News.

How do taxes compare between Texas and Virginia?

Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.

Should I move to Laredo or Newport News?

It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Newport News has a cost index of 87 with rent of $1,285/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Laredo, TX vs Newport News, VA (2026)

Laredo

Newport News

Tax Comparison

Affordability

Detailed Comparison

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