Is Laredo, TX cheaper than New York, NY?

Based on cost of living data, Laredo, TX is 51.8% cheaper than New York, NY. This translates to saving $3884 per month.

What salary do I need in Laredo, TX to live like I do in New York, NY?

If you earn $150,000 in New York, NY, you'd need approximately $103,392.857 in Laredo, TX to maintain the same standard of living.

How does housing cost compare between New York, NY and Laredo, TX?

Housing in Laredo, TX is 77.9% cheaper than in New York, NY. For a two-bedroom apartment, rent is $1,170/month in Laredo, TX compared to $3,590/month in New York, NY.

How much can I save per month by moving from New York, NY to Laredo, TX?

Moving from New York, NY to Laredo, TX could save you approximately $3884 per month, or $46607 per year, based on a $150,000 salary.

MoveNumbers

New York, NY

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Laredo, TX

Cost of Living Comparison 2026

Current salary in New York, NY

Numbers update automatically as you type

You'd save $3.9K/month moving to Laredo, TX

$150.0K in your current city equals $103.4K in Laredo, TX

Rent data from HUD ZIP-level estimates · COL index from New York-Newark-Jersey City, NY-NJ-PA area

Overall Cost

↓ 51.8%

Less expensive

Monthly Impact

$3,884

Savings

Annual Impact

$46.6K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

New York, NY

Population:8337K

Cost Index:100

Median Home:$1.05M

Laredo, TX

Population:255K

Cost Index:48

Median Home:$187K

New York, NY

The Empire State

8.3M

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Most populous city in the US
•Major global financial center
•World-renowned cultural hub

Major Industries

FinanceReal EstateTechnologyMedia

Laredo, TX

The Lone Star State

255K

Population

State Tax

No Income Tax

Located in Texas, this city has a population of 255K residents.

💡 Advantage: Texas has no state income tax!

Cost Breakdown by Category

Annual spending: New York, NY vs Laredo, TX

Category	New York, NY	Laredo, TX	Difference	Change
🏠Housing	$7,648/mo	$1,689/mo	↓ $5,959less	77.9%
📦Other	$2,034/mo	$1,557/mo	↓ $477less	23.5%
🚗Transportation	$1,602/mo	$1,284/mo	↓ $318less	19.9%
🛒Groceries	$1,165/mo	$909/mo	↓ $256less	22.0%
🏥Healthcare	$688/mo	$502/mo	↓ $186less	27.0%
⚡All Utilities	$600/mo	$492/mo	↓ $108less	18.0%

🏠Housing

↓ 77.9%

New York, NY

$7,648

Laredo, TX

$1,689

Difference

$5,959

less

📦Other

↓ 23.5%

New York, NY

$2,034

Laredo, TX

$1,557

Difference

$477

less

🚗Transportation

↓ 19.9%

New York, NY

$1,602

Laredo, TX

$1,284

Difference

$318

less

🛒Groceries

↓ 22.0%

New York, NY

$1,165

Laredo, TX

$909

Difference

$256

less

🏥Healthcare

↓ 27.0%

New York, NY

$688

Laredo, TX

$502

Difference

$186

less

⚡All Utilities

↓ 18.0%

New York, NY

$600

Laredo, TX

$492

Difference

$108

less

🏛️ Local Income Taxes

New York, NY: NYC Income Tax$5,689/yr (3.8%)

Laredo, TX has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$3,120

To$965

↓ $2,155

1 Bed

From$3,270

To$970

↓ $2,300

2 Bed

From$3,590

To$1,170

↓ $2,420

3 Bed

From$4,500

To$1,510

↓ $2,990

New York, NYZIP-level data

1BR range: $2,260–$3,990/mo

Laredo, TXZIP-level data

1BR range: $960–$980/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$13,737

Monthly in New York, NY

$6,433

Monthly in Laredo, TX

$7,304

Difference

Home Values

New York

Laredo

$1.05M

Median Value

$187K

↓ -0.1%

YoY Change

↑ +1.9%

↓ -5.9%

5-Year Change

↑ +3.4%

$471K - $3.49M

Price Range

$132K - $241K

Homes in Laredo are 82% less expensive than New York

Calculate payment - New York Calculate payment - Laredo

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $9.5K

Per year

Monthly Difference

$795

More take-home

Effective Rate Diff

6.4%

Rate difference

New York, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

Laredo, TX

Federal Income Tax

Effective: 18.9%

$25.5K

Texas State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Additional Tax Information

New York, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

Laredo, TX Tax Rates

Sales Tax:8.2%

Property Tax:1.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.