Laredo, TX vs Richmond, VA
Cost of Living Comparison
Laredo, TX is more affordable by 10.9 index points
Side-by-Side Comparison
| Category | Laredo, TX | Richmond, VA | Difference |
|---|---|---|---|
| Overall | 87.0 | 97.9 | -10.9 |
| Housing | 59.7 | 99.1 | -39.4 |
| Goods | 93.8 | 96.8 | -3.0 |
| Utilities | 80.6 | 89.2 | -8.6 |
| Other Services | 96.2 | 98.6 | -2.4 |
Income & Housing Comparison
| Metric | Laredo, TX | Richmond, VA |
|---|---|---|
| Median Household Income | $59,984 | $80,877 |
| Median Home Value | $161,000 | $299,100 |
| Median Monthly Rent | $964 | $1,307 |
| Per Capita Income | $23,446 | $44,141 |
Frequently Asked Questions
Is Laredo, TX or Richmond, VA cheaper to live in?
Laredo, TX is more affordable. The cost of living difference is 10.9 index points (Laredo, TX: 87.0, Richmond, VA: 97.9).
Where is housing cheaper, Laredo, TX or Richmond, VA?
Housing is more affordable in Laredo, TX. Housing index: Laredo, TX (59.7) vs Richmond, VA (99.1).