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

Plano

Texas
132
VS

Laredo

Texas
67

Plano is 97% more expensive than Laredo.

$1,792/mo ↑ 79%
Median Rent
$1,001/mo ↓ 44%
$108,649/yr ↑ 72%
Median Income
$63,264/yr ↓ 42%
$440,600 ↑ 142%
Home Value
$182,400 ↓ 59%
$1,829/mo ↑ 72%
Owner Costs
$1,066/mo ↓ 42%
287,339
Population
255,949

Tax Comparison

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

Affordability

19.8%
rent-to-income
Affordability
19.0%
rent-to-income

Detailed Comparison

When comparing Plano, TX and Laredo, TX, the overall cost of living indices are 132 and 67 respectively (national median = 100). Rent is $791/month cheaper in Laredo, saving renters about $9,492/year.

Median household income is $45,385/year higher in Plano. Home values also differ significantly — the median in Plano is $440,600 compared to $182,400 in Laredo.

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

Frequently Asked Questions

Plano vs Laredo — common questions

Is Plano or Laredo cheaper to live in?
Based on our cost index, Laredo is cheaper to live in with an index of 67 compared to 132 (US average = 100).
What is the rent difference between Plano and Laredo?
Median rent in Plano is $1,792/month and in Laredo it's $1,001/month — a difference of $791/month.
Which city has higher income, Plano or Laredo?
Median household income is $108,649 in Plano and $63,264 in Laredo. Median household income is $45,385/year higher in Plano.
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 Plano or Laredo?
It depends on your priorities. Plano has a cost index of 132 with median rent of $1,792/mo, while Laredo has a cost index of 67 with rent of $1,001/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Plano details → View Laredo details →

More Comparisons

Other cost of living comparisons for Plano and Laredo

Plano vs. Durham Plano vs. Chandler Plano vs. Anchorage Plano vs. Buffalo Plano vs. Jersey City Plano vs. Madison Laredo vs. St. Petersburg Laredo vs. Irving Laredo vs. Lubbock Laredo vs. Chesapeake Laredo vs. Fort Wayne Laredo vs. Winston-Salem