Cost of Living: Laredo, TX vs Providence, RI (2026)

Laredo

Texas
67
VS

Providence

Rhode Island
99

Laredo is 32% cheaper than Providence.

$1,001/mo ↓ 25%
Median Rent
$1,333/mo ↑ 33%
$63,264/yr ↓ 5%
Median Income
$66,772/yr ↑ 6%
$182,400 ↓ 43%
Home Value
$322,800 ↑ 77%
$1,066/mo ↓ 27%
Owner Costs
$1,467/mo ↑ 38%
255,949
Population
190,214

Tax Comparison

0%
Income Tax
5.99%
6.25%
State Sales Tax
7.0%
1.6%
Property Tax
1.53%

Affordability

19.0%
rent-to-income
Affordability
24.0%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Providence, RI, the overall cost of living indices are 67 and 99 respectively (national median = 100). Rent is $332/month cheaper in Laredo, saving renters about $3,984/year.

Median household income is $3,508/year higher in Providence. Home values also differ significantly — the median in Laredo is $182,400 compared to $322,800 in Providence.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Rhode Island's 5.99% rate.

Frequently Asked Questions

Laredo vs Providence — common questions

Is Laredo or Providence cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 99 (US average = 100).
What is the rent difference between Laredo and Providence?
Median rent in Laredo is $1,001/month and in Providence it's $1,333/month — a difference of $332/month.
Which city has higher income, Laredo or Providence?
Median household income is $63,264 in Laredo and $66,772 in Providence. Median household income is $3,508/year higher in Providence.
How do taxes compare between Texas and Rhode Island?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Rhode Island has 5.99% income tax, 7.0% sales tax, and 1.53% property tax.
Should I move to Laredo or Providence?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Providence has a cost index of 99 with rent of $1,333/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Providence details →

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