City Comparison

Gilbert vs Laredo

Cost of Living Comparison · 2026

Gilbert

Arizona
111
Above Average
$470,000
Median Home
$1,700/mo
Median Rent
$94,518
Median Income

Laredo

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

The Verdict

35.4%

The cost gap between these cities is 35.4%, with Laredo being the more affordable option. A $75,000 income in Gilbert has equivalent purchasing power to $55,405 in Laredo.

Category-by-Category Breakdown

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

Housing
128
Gilbert
81
Laredo
Groceries
100
Gilbert
91
Laredo
Utilities
96
Gilbert
107
Laredo
Transportation
103
Gilbert
90
Laredo
Healthcare
95
Gilbert
77
Laredo

Salary Equivalence

A $75,000 salary in Gilbert has the same purchasing power as $55,405 in Laredo.

Conversely, $75,000 in Laredo equals $101,524 in Gilbert.

Living in Gilbert vs Laredo

Housing Costs

Gilbert's housing index of 128 is higher Laredo's 81, translating to median home prices of $470,000 vs $190,000. The $280,000 difference in home prices means roughly $18,204 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,700/mo in Gilbert compared to $1,075/mo in Laredo, a monthly difference of $625.

Grocery & Food Costs

Grocery expenses index at 100 in Gilbert and 91 in Laredo. A household spending the national average of $475/month on groceries would pay approximately $475/month in Gilbert vs $432/month in Laredo. Laredo offers a meaningful advantage on everyday food costs, saving roughly $516/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 96 in Gilbert and 107 in Laredo. Monthly utility bills average approximately $384 in Gilbert 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 95 in Gilbert and 77 in Laredo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 18-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $94,518 in Gilbert and $63,900 in Laredo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $85,151 and $77,927 respectively. Gilbert residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,205/month to housing in Gilbert vs $1,491/month in Laredo. In Gilbert, median rent of $1,700/mo fits within this budget. 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 47 index points — focus your budget analysis there.

Frequently Asked Questions

Laredo is 35.4% more affordable overall with an index of 82 vs 111.
A $75,000 salary in Gilbert has equivalent purchasing power to approximately $55,405 in Laredo, based on the cost of living difference.
Gilbert's housing index is 128 with median homes at $470,000, while Laredo's is 81 with median homes at $190,000.

Moving & Relocation Resources

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