Cost of Living: Laredo, TX vs Norman, OK (2026)

Laredo

Texas
67
VS

Norman

Oklahoma
76

Laredo is 12% cheaper than Norman.

$1,001/mo ↓ 6%
Median Rent
$1,064/mo ↑ 6%
$63,264/yr ↓ 3%
Median Income
$65,060/yr ↑ 3%
$182,400 ↓ 24%
Home Value
$239,300 ↑ 31%
$1,066/mo ↓ 5%
Owner Costs
$1,121/mo ↑ 5%
255,949
Population
128,714

Tax Comparison

0%
Income Tax
4.75%
6.25%
State Sales Tax
4.5%
1.6%
Property Tax
0.9%

Affordability

19.0%
rent-to-income
Affordability
19.6%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Norman, OK, the overall cost of living indices are 67 and 76 respectively (national median = 100). Rent is $63/month cheaper in Laredo, saving renters about $756/year.

Median household income is $1,796/year higher in Norman. Home values also differ significantly — the median in Laredo is $182,400 compared to $239,300 in Norman.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Oklahoma's 4.75% rate.

Frequently Asked Questions

Laredo vs Norman — common questions

Is Laredo or Norman cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 76 (US average = 100).
What is the rent difference between Laredo and Norman?
Median rent in Laredo is $1,001/month and in Norman it's $1,064/month — a difference of $63/month.
Which city has higher income, Laredo or Norman?
Median household income is $63,264 in Laredo and $65,060 in Norman. Median household income is $1,796/year higher in Norman.
How do taxes compare between Texas and Oklahoma?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Oklahoma has 4.75% income tax, 4.5% sales tax, and 0.9% property tax.
Should I move to Laredo or Norman?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Norman has a cost index of 76 with rent of $1,064/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Norman details →

More Comparisons

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