Edinburg, TX vs Laredo, TX
Edinburg, TX and Laredo, TX have a very similar cost of living, with only a 3.1% difference in their overall index. Edinburg scores 74 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 Edinburg is $968/month compared to $1,001/month in Laredo — a 3% difference. Home values follow the same pattern: Edinburg is more affordable at $174,800 median vs $182,400.
Median household income in Edinburg is $57,789 compared to $63,264 in Laredo (-8.7%). While Laredo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edinburg spend roughly 20.1% of their income on rent, more than the 19% in Laredo.
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