Los Angeles, CA vs Laredo, TX
Cost of living comparison · 2023 Census ACS data
Quick Summary
The headline difference between these two markets is housing: a typical home in Laredo runs $182,000 versus $880,000 in Los Angeles, a 79% gap that dominates most relocation math. Laredo also has no state income tax, while the other state tops out at 13.3% — a meaningful annual difference at higher income levels.
Median Home Value
$879,500
$182,400 ✓
Zillow Home Value
$941,985
$217,648
Median Gross Rent
$1,879/mo
$1,001/mo ✓
Owner Occupied %
36.3%
63.3%
Price-to-Rent Ratio
39.0x
15.2x
Median Household Income
$80,366 ✓
$63,264
Per Capita Income
$46,270
$24,584
Unemployment Rate
7.9%
5.5% ✓
Poverty Rate
16.6%
20.8%
Avg Commute (min)
34.1 min
22.9 min
Drove Alone %
61.4%
79.3%
Public Transit %
6.7%
0.8%
Work From Home %
17.3%
5.3%
State Income Tax
13.3%
None
Total Sales Tax
8.7%
8.2% ✓
Property Tax Rate
0.7%
1.7%
Bachelor's Degree %
24.5%
15.1%
Median Age
36.9
29.7
Avg High Temp
70.4°F
85.9°F
Annual Precipitation
13.4"
21.4"
Los Angeles, CA 1 wins
- ✓Median Household Income
Laredo, TX 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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