Laredo, TX vs Odessa, TX
Laredo is moderately more affordable than Odessa, with a 14.9% lower cost of living index. Laredo scores 76 compared to 90 for Odessa, where the US average is 100. This difference means residents of Odessa can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Laredo is $1,001/month compared to $1,322/month in Odessa — a 24% difference. Home values follow the same pattern: Laredo is more affordable at $182,400 median vs $208,000.
Median household income in Laredo is $63,264 compared to $73,030 in Odessa (-13.4%). The higher salaries in Odessa partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Laredo spend roughly 19% of their income on rent, less than the 21.7% in Odessa.
Climate-wise, Laredo is notably warmer with an average of 74.6°F compared to 64.8°F in Odessa. Laredo receives more rainfall at 21.3" per year compared to 12.9" in Odessa.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)