Laredo, TX vs Springfield, IL
Cost of Living Comparison
Laredo, TX is more affordable by 5.8 index points
Side-by-Side Comparison
| Category | Laredo, TX | Springfield, IL | Difference |
|---|---|---|---|
| Overall | 87.0 | 92.7 | -5.8 |
| Housing | 59.7 | 71.6 | -11.9 |
| Goods | 93.8 | 93.6 | +0.1 |
| Utilities | 80.6 | 90.4 | -9.8 |
| Other Services | 96.2 | 99.6 | -3.4 |
Income & Housing Comparison
| Metric | Laredo, TX | Springfield, IL |
|---|---|---|
| Median Household Income | $59,984 | $72,445 |
| Median Home Value | $161,000 | $163,400 |
| Median Monthly Rent | $964 | $921 |
| Per Capita Income | $23,446 | $41,393 |
Frequently Asked Questions
Is Laredo, TX or Springfield, IL cheaper to live in?
Laredo, TX is more affordable. The cost of living difference is 5.8 index points (Laredo, TX: 87.0, Springfield, IL: 92.7).
Where is housing cheaper, Laredo, TX or Springfield, IL?
Housing is more affordable in Laredo, TX. Housing index: Laredo, TX (59.7) vs Springfield, IL (71.6).