City Comparison

Asheville vs Laredo

Cost of Living Comparison · 2026

Asheville

North Carolina
108
Above Average
$360,000
Median Home
$1,500/mo
Median Rent
$48,534
Median Income

Laredo

Texas
82
Very Affordable
$190,000
Median Home
$1,075/mo
Median Rent
$63,900
Median Income

The Verdict

31.7%

Living in Laredo costs 31.7% less than Asheville. To match the purchasing power of a $75,000 salary in Asheville, you would need $56,944 in Laredo.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
120
Asheville
81
Laredo
Groceries
103
Asheville
91
Laredo
Utilities
95
Asheville
107
Laredo
Transportation
100
Asheville
90
Laredo
Healthcare
106
Asheville
77
Laredo

Salary Equivalence

A $75,000 salary in Asheville has the same purchasing power as $56,944 in Laredo.

Conversely, $75,000 in Laredo equals $98,780 in Asheville.

Living in Asheville vs Laredo

Housing Costs

Asheville's housing index of 120 is higher Laredo's 81, translating to median home prices of $360,000 vs $190,000. The $170,000 difference in home prices means roughly $11,052 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Asheville compared to $1,075/mo in Laredo, a monthly difference of $425.

Grocery & Food Costs

Grocery expenses index at 103 in Asheville and 91 in Laredo. A household spending the national average of $475/month on groceries would pay approximately $489/month in Asheville vs $432/month in Laredo. Laredo offers a meaningful advantage on everyday food costs, saving roughly $684/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 95 in Asheville and 107 in Laredo. Monthly utility bills average approximately $380 in Asheville vs $428 in Laredo. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 106 in Asheville and 77 in Laredo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 29-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $48,534 in Asheville and $63,900 in Laredo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $44,939 and $77,927 respectively. Laredo residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,132/month to housing in Asheville vs $1,491/month in Laredo. In Asheville, median rent of $1,500/mo exceeds this threshold, suggesting renters may feel stretched. In Laredo, median rent of $1,075/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 39 index points — focus your budget analysis there.

Frequently Asked Questions

Laredo is 31.7% more affordable overall with an index of 82 vs 108.
A $75,000 salary in Asheville has equivalent purchasing power to approximately $56,944 in Laredo, based on the cost of living difference.
Asheville's housing index is 120 with median homes at $360,000, while Laredo's is 81 with median homes at $190,000.

Moving & Relocation Resources

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