Cost of Living: Laredo, TX vs Odessa, TX (2026)

Laredo

Texas
67
VS

Odessa

Texas
83

Laredo is 19% cheaper than Odessa.

$1,001/mo ↓ 24%
Median Rent
$1,322/mo ↑ 32%
$63,264/yr ↓ 13%
Median Income
$73,030/yr ↑ 15%
$182,400 ↓ 12%
Home Value
$208,000 ↑ 14%
$1,066/mo ↓ 15%
Owner Costs
$1,251/mo ↑ 17%
255,949
Population
114,080

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.25%
1.6%
Property Tax
1.6%

Affordability

19.0%
rent-to-income
Affordability
21.7%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Odessa, TX, the overall cost of living indices are 67 and 83 respectively (national median = 100). Rent is $321/month cheaper in Laredo, saving renters about $3,852/year.

Median household income is $9,766/year higher in Odessa. Home values also differ significantly — the median in Laredo is $182,400 compared to $208,000 in Odessa.

Both cities share the same state tax structure since they are in Texas.

Frequently Asked Questions

Laredo vs Odessa — common questions

Is Laredo or Odessa cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 83 (US average = 100).
What is the rent difference between Laredo and Odessa?
Median rent in Laredo is $1,001/month and in Odessa it's $1,322/month — a difference of $321/month.
Which city has higher income, Laredo or Odessa?
Median household income is $63,264 in Laredo and $73,030 in Odessa. Median household income is $9,766/year higher in Odessa.
How do taxes compare between Texas and Texas?
Both cities are in Texas and share the same state tax rates: 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Laredo or Odessa?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Odessa has a cost index of 83 with rent of $1,322/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Odessa details →

More Comparisons

Other cost of living comparisons for Laredo and Odessa

Laredo vs. St. Petersburg Laredo vs. Irving Laredo vs. Lubbock Laredo vs. Chesapeake Laredo vs. Fort Wayne Laredo vs. Winston-Salem Odessa vs. Elgin Odessa vs. Springfield Odessa vs. Provo Odessa vs. Beaumont Odessa vs. Waterbury Odessa vs. Gresham