El Paso vs Laredo
Cost of Living (2026)
Laredo is 7% more affordable than El Paso.
Enter your salary → get exact comparisonAt a glance
El Paso, TX
COL index82
State income taxNone
Avg 1BR rent$850/mo
Median home price$190K
VS
Laredo, TX
COL index76 ✓
State income taxNone
Avg 1BR rent$720/mo ✓
Median home price$160K ✓
Cost breakdown by category
Salary equivalency: El Paso → Laredo
What salary in Laredo gives you the same purchasing power as your El Paso salary?
El Paso vs Laredo: Full Cost of Living Comparison (2026)
When comparing the cost of living between El Paso, TX and Laredo, TX, Laredo comes out significantly more affordable with a COL index of 76 versus 82 for El Paso — a difference of approximately 7%.
State income tax impact
Both Texas and Texas have no state income tax, so that factor is neutral in this comparison.
Housing costs
The median home price in El Paso is $190,000, compared to $160,000 in Laredo. Average 1-bedroom rent is $850/month in El Paso versus $720/month in Laredo.