Irving, TX vs Laredo, TX

The cost of living difference between Irving, TX and Laredo, TX is dramatic. Laredo is 38.3% cheaper than Irving, a gap that translates to thousands of dollars per year in household expenses. Irving has a cost index of 105 while Laredo sits at 76, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Irving is $1,517/month compared to $1,001/month in Laredo — a 52% difference. Home values follow the same pattern: Laredo is more affordable at $182,400 median vs $287,300.

Median household income in Irving is $79,641 compared to $63,264 in Laredo (+25.9%). The higher salaries in Irving partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Irving spend roughly 22.9% of their income on rent, more than the 19% in Laredo.

Climate-wise, Laredo is notably warmer with an average of 74.6°F compared to 66.6°F in Irving. Irving receives more rainfall at 37" per year compared to 21.3" in Laredo.