Cost of Living: Laredo, TX vs Wilmington, NC (2026)

Laredo

Texas
67
VS

Wilmington

North Carolina
100

Laredo is 33% cheaper than Wilmington.

$1,001/mo ↓ 24%
Median Rent
$1,311/mo ↑ 31%
$63,264/yr ≈ Same
Median Income
$63,900/yr ↑ 1%
$182,400 ↓ 48%
Home Value
$350,300 ↑ 92%
$1,066/mo ↓ 22%
Owner Costs
$1,371/mo ↑ 29%
255,949
Population
118,578

Tax Comparison

0%
Income Tax
4.5%
6.25%
State Sales Tax
4.75%
1.6%
Property Tax
0.8%

Affordability

19.0%
rent-to-income
Affordability
24.6%
rent-to-income

Detailed Comparison

When comparing Laredo, TX and Wilmington, NC, the overall cost of living indices are 67 and 100 respectively (national median = 100). Rent is $310/month cheaper in Laredo, saving renters about $3,720/year.

Median household income is $636/year higher in Wilmington. Home values also differ significantly — the median in Laredo is $182,400 compared to $350,300 in Wilmington.

Texas has no state income tax, giving Laredo residents a significant tax advantage over North Carolina's 4.5% rate.

Frequently Asked Questions

Laredo vs Wilmington — common questions

Is Laredo or Wilmington cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 100 (US average = 100).
What is the rent difference between Laredo and Wilmington?
Median rent in Laredo is $1,001/month and in Wilmington it's $1,311/month — a difference of $310/month.
Which city has higher income, Laredo or Wilmington?
Median household income is $63,264 in Laredo and $63,900 in Wilmington. Median household income is $636/year higher in Wilmington.
How do taxes compare between Texas and North Carolina?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax.
Should I move to Laredo or Wilmington?
It depends on your priorities. Laredo has a cost index of 67 with median rent of $1,001/mo, while Wilmington has a cost index of 100 with rent of $1,311/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Laredo details → View Wilmington details →

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