Median rent is 4% lower in Laredo ($1,030/mo vs $1,073/mo). Buying is cheaper in El Paso, where the median home runs $184,500 versus $193,500. Households earn more in Laredo ($63,915 vs $59,745 a year).
City A
El Paso, TX
City B
Laredo, TX
How much would you need to earn in Laredo, TX to maintain your standard of living from El Paso, TX?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
El Paso
Texas
Laredo
Texas
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,073/mo in El Paso and $1,030/mo in Laredo. Median home values are within 5% of each other: $184,500 in El Paso and $193,500 in Laredo.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
El Paso
Income tax: N/A
Sales tax: N/A
Laredo
Income tax: N/A
Sales tax: N/A
El Paso has cleaner air on average: 36.0 AQI (Good) compared to 71.0 AQI (Moderate) in the other city. Lower AQI means cleaner, healthier air.
Pick Laredo if you prioritize higher median household income ($63,915/yr).
Pick El Paso if you prioritize cleaner air quality (avg AQI 36.0).
Is El Paso cheaper than Laredo?
Cost of living index data is not yet available for one or both cities.
How much is rent in El Paso vs Laredo?
Median rent is $1,073/mo in El Paso, TX and $1,030/mo in Laredo, TX. Laredo, TX has the lower rent by about 4%.
Which has higher salaries — El Paso or Laredo?
Median household income is $59,745 in El Paso, TX and $63,915 in Laredo, TX. Laredo, TX has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
El Paso, TX has better air quality on average: 36.0 AQI versus 71.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — El Paso or Laredo?
State tax data is not yet available for one or both cities.
What salary do I need in Laredo to match my El Paso income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
