City Comparison

Hampton vs Laredo

Cost of Living Comparison · 2026

Hampton

Virginia
88
Below Average
$243,000
Median Home
$1,175/mo
Median Rent
$59,400
Median Income

Laredo

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

The Verdict

7.3%

The cost gap between these cities is 7.3%, with Laredo being the more affordable option. A $75,000 income in Hampton has equivalent purchasing power to $69,886 in Laredo.

Category-by-Category Breakdown

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

Housing
102
Hampton
81
Laredo
Groceries
94
Hampton
91
Laredo
Utilities
102
Hampton
107
Laredo
Transportation
93
Hampton
90
Laredo
Healthcare
106
Hampton
77
Laredo

Salary Equivalence

A $75,000 salary in Hampton has the same purchasing power as $69,886 in Laredo.

Conversely, $75,000 in Laredo equals $80,488 in Hampton.

Living in Hampton vs Laredo

Housing Costs

Hampton's housing index of 102 is higher Laredo's 81, translating to median home prices of $243,000 vs $190,000. The $53,000 difference in home prices means roughly $3,444 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,175/mo in Hampton compared to $1,075/mo in Laredo, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 94 in Hampton and 91 in Laredo. A household spending the national average of $475/month on groceries would pay approximately $447/month in Hampton vs $432/month in Laredo. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 102 in Hampton and 107 in Laredo. Monthly utility bills average approximately $408 in Hampton vs $428 in Laredo. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 106 in Hampton 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 $59,400 in Hampton and $63,900 in Laredo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $67,500 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 $1,386/month to housing in Hampton vs $1,491/month in Laredo. In Hampton, median rent of $1,175/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 Healthcare, where the gap is 29 index points — focus your budget analysis there.

Frequently Asked Questions

Laredo is 7.3% more affordable overall with an index of 82 vs 88.
A $75,000 salary in Hampton has equivalent purchasing power to approximately $69,886 in Laredo, based on the cost of living difference.
Hampton's housing index is 102 with median homes at $243,000, while Laredo's is 81 with median homes at $190,000.

Moving & Relocation Resources

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