Cost of Living: Toledo, OH vs Laredo, TX (2026)

Toledo

Ohio
52
VS

Laredo

Texas
67

Toledo is 15% cheaper than Laredo.

$880/mo ↓ 12%
Median Rent
$1,001/mo ↑ 14%
$47,532/yr ↓ 25%
Median Income
$63,264/yr ↑ 33%
$107,000 ↓ 41%
Home Value
$182,400 ↑ 70%
$856/mo ↓ 20%
Owner Costs
$1,066/mo ↑ 25%
268,461
Population
255,949

Tax Comparison

3.5%
Income Tax
0%
5.75%
Sales Tax
6.25%
1.53%
Property Tax
1.6%

Affordability

22.2%
rent-to-income
Affordability
19.0%
rent-to-income

Detailed Comparison

When comparing Toledo, OH and Laredo, TX, the overall cost of living indices are 52 and 67 respectively (national median = 100). Rent is $121/month cheaper in Toledo, saving renters about $1,452/year.

Median household income is $15,732/year higher in Laredo. Home values also differ significantly — the median in Toledo is $107,000 compared to $182,400 in Laredo.

Texas has no state income tax, giving Laredo residents a significant tax advantage over Ohio's 3.5% rate.

Frequently Asked Questions

Toledo vs Laredo — common questions

Is Toledo or Laredo cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 67 (US average = 100).
What is the rent difference between Toledo and Laredo?
Median rent in Toledo is $880/month and in Laredo it's $1,001/month — a difference of $121/month.
Which city has higher income, Toledo or Laredo?
Median household income is $47,532 in Toledo and $63,264 in Laredo. Median household income is $15,732/year higher in Laredo.
How do taxes compare between Ohio and Texas?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Toledo or Laredo?
It depends on your priorities. Toledo has a cost index of 52 with median rent of $880/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.
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