Laredo, TX vs Memphis, TN
Cost of Living Comparison
Laredo, TX is more affordable by 5.2 index points
Side-by-Side Comparison
| Category | Laredo, TX | Memphis, TN | Difference |
|---|---|---|---|
| Overall | 87.0 | 92.2 | -5.2 |
| Housing | 59.7 | 79.8 | -20.1 |
| Goods | 93.8 | 96.2 | -2.5 |
| Utilities | 80.6 | 74.1 | +6.5 |
| Other Services | 96.2 | 95.4 | +0.9 |
Income & Housing Comparison
| Metric | Laredo, TX | Memphis, TN |
|---|---|---|
| Median Household Income | $59,984 | $62,178 |
| Median Home Value | $161,000 | $207,500 |
| Median Monthly Rent | $964 | $1,091 |
| Per Capita Income | $23,446 | $35,194 |
Frequently Asked Questions
Is Laredo, TX or Memphis, TN cheaper to live in?
Laredo, TX is more affordable. The cost of living difference is 5.2 index points (Laredo, TX: 87.0, Memphis, TN: 92.2).
Where is housing cheaper, Laredo, TX or Memphis, TN?
Housing is more affordable in Laredo, TX. Housing index: Laredo, TX (59.7) vs Memphis, TN (79.8).