Cost of Living: Laredo, TX vs Springfield, MA (2026)

Laredo

Texas
67
VS

Springfield

Massachusetts
79

Laredo is 15% cheaper than Springfield.

$1,001/mo ↓ 10%
Median Rent
$1,114/mo ↑ 11%
$63,264/yr ↑ 23%
Median Income
$51,339/yr ↓ 19%
$182,400 ↓ 18%
Home Value
$222,700 ↑ 22%
$1,066/mo ↓ 16%
Owner Costs
$1,276/mo ↑ 20%
255,949
Population
154,751

Tax Comparison

0%
Income Tax
9.0%
6.25%
State Sales Tax
6.25%
1.6%
Property Tax
1.15%

Affordability

19.0%
rent-to-income
Affordability
26.0%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Springfield, MA, the overall cost of living indices are 67 and 79 respectively (national median = 100). Rent is $113/month cheaper in Laredo, saving renters about $1,356/year.

Median household income is $11,925/year higher in Laredo. Home values also differ significantly — the median in Laredo is $182,400 compared to $222,700 in Springfield.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Massachusetts's 9.0% rate.

Frequently Asked Questions

Laredo vs Springfield — common questions

Is Laredo or Springfield cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 79 (US average = 100).
What is the rent difference between Laredo and Springfield?
Median rent in Laredo is $1,001/month and in Springfield it's $1,114/month — a difference of $113/month.
Which city has higher income, Laredo or Springfield?
Median household income is $63,264 in Laredo and $51,339 in Springfield. Median household income is $11,925/year higher in Laredo.
How do taxes compare between Texas and Massachusetts?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Massachusetts has 9.0% income tax, 6.25% sales tax, and 1.15% property tax.
Should I move to Laredo or Springfield?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Springfield has a cost index of 79 with rent of $1,114/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Springfield details →

More Comparisons

Other cost of living comparisons for Laredo and Springfield

Laredo vs. St. Petersburg Laredo vs. Irving Laredo vs. Lubbock Laredo vs. Chesapeake Laredo vs. Fort Wayne Laredo vs. Winston-Salem Springfield vs. Kansas City Springfield vs. Sunnyvale Springfield vs. Killeen Springfield vs. Hollywood Springfield vs. Lakewood Springfield vs. Roseville