Amarillo, TX vs Laredo, TX

Amarillo, TX and Laredo, TX have a very similar cost of living, with only a 3.8% difference in their overall index. Amarillo scores 79 while Laredo scores 76 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Amarillo is $1,049/month compared to $1,001/month in Laredo — a 5% difference. Home values follow the same pattern: Laredo is more affordable at $182,400 median vs $186,800.

Median household income in Amarillo is $62,469 compared to $63,264 in Laredo (-1.3%). Laredo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Amarillo spend roughly 20.2% of their income on rent, more than the 19% in Laredo.