Cost of Living: Laredo, TX vs Rochester, MN (2026)

Laredo

Texas
67
VS

Rochester

Minnesota
93

Laredo is 28% cheaper than Rochester.

$1,001/mo ↓ 24%
Median Rent
$1,316/mo ↑ 31%
$63,264/yr ↓ 28%
Median Income
$87,767/yr ↑ 39%
$182,400 ↓ 37%
Home Value
$287,500 ↑ 58%
$1,066/mo ↓ 20%
Owner Costs
$1,332/mo ↑ 25%
255,949
Population
121,638

Tax Comparison

0%
Income Tax
9.85%
6.25%
State Sales Tax
6.875%
1.6%
Property Tax
1.11%

Affordability

19.0%
rent-to-income
Affordability
18.0%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Rochester, MN, the overall cost of living indices are 67 and 93 respectively (national median = 100). Rent is $315/month cheaper in Laredo, saving renters about $3,780/year.

Median household income is $24,503/year higher in Rochester. Home values also differ significantly — the median in Laredo is $182,400 compared to $287,500 in Rochester.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Minnesota's 9.85% rate.

Frequently Asked Questions

Laredo vs Rochester — common questions

Is Laredo or Rochester cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 93 (US average = 100).
What is the rent difference between Laredo and Rochester?
Median rent in Laredo is $1,001/month and in Rochester it's $1,316/month — a difference of $315/month.
Which city has higher income, Laredo or Rochester?
Median household income is $63,264 in Laredo and $87,767 in Rochester. Median household income is $24,503/year higher in Rochester.
How do taxes compare between Texas and Minnesota?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax.
Should I move to Laredo or Rochester?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Rochester has a cost index of 93 with rent of $1,316/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Rochester details →

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