Laredo vs Rochester: Cost of Living Comparison
How does the cost of living in Laredo, Texas compare to Rochester, New York? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.
Summary: Rochester is the more affordable city overall. Housing costs are 48% higher in Laredo compared to Rochester, while rent is 3% lower. TX has no state income tax.
| Metric | Laredo, TX | Rochester, NY | Diff |
|---|---|---|---|
| Housing | |||
| Median Home Value | $164,400 | $111,400 | +47.6% |
| Median Monthly Rent | $968 | $995 | -2.7% |
| Income | |||
| Median Household Income | $60,928 | $44,156 | +38.0% |
| Per Capita Income | $23,669 | $28,611 | -17.3% |
| Taxes | |||
| State Income Tax Rate | None | 10.9% | -100.0% |
| Combined Sales Tax | 8.2% | 8.5% | -3.8% |
| Demographics | |||
| Population | 255,293 | 210,992 | +21.0% |
Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).
Rent vs. Buy Calculator — Laredo
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Rent vs. Buy Calculator — Rochester
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Key Takeaways
- Housing: The median home in Laredo costs $164,400 compared to $111,400 in Rochester — a 48% premium.
- Rent: Median rent is $968/mo in Laredo vs $995/mo in Rochester.
- Income: Median household income is $60,928 in Laredo and $44,156 in Rochester.
- Taxes: Texas has no state income tax, while New York has a 10.9% rate.
Methodology
This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).