Laredo, TX vs Norfolk, VA: 67 vs 89

$1,001/mo ↓ 20%

Median Rent

$1,246/mo ↑ 24%

$63,264/yr ↓ 1%

Median Income

$64,017/yr ↑ 1%

$182,400 ↓ 33%

Home Value

$271,900 ↑ 49%

$1,066/mo ↓ 22%

Owner Costs

$1,366/mo ↑ 28%

255,949

Population

235,037

Detailed Comparison

When comparing Laredo, TX and Norfolk, VA, the overall cost of living indices are 67 and 89 respectively (national median = 100). Rent is $245/month cheaper in Laredo, saving renters about $2,940/year.

Median household income is $753/year higher in Norfolk. Home values also differ significantly — the median in Laredo is $182,400 compared to $271,900 in Norfolk.

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

Frequently Asked Questions

Laredo vs Norfolk — common questions

Is Laredo or Norfolk cheaper to live in?

Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 89 (US average = 100).

What is the rent difference between Laredo and Norfolk?

Median rent in Laredo is $1,001/month and in Norfolk it's $1,246/month — a difference of $245/month.

Which city has higher income, Laredo or Norfolk?

Median household income is $63,264 in Laredo and $64,017 in Norfolk. Median household income is $753/year higher in Norfolk.

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 Norfolk?

It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Norfolk has a cost index of 89 with rent of $1,246/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

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

Laredo

Norfolk

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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