City Comparison

Laredo vs Las Cruces

Cost of Living Comparison · 2026

Laredo

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

Las Cruces

New Mexico
84
Very Affordable
$232,000
Median Home
$1,000/mo
Median Rent
$55,400
Median Income

The Verdict

2.4%

Laredo is 2.4% less expensive than Las Cruces overall. A household earning $75,000 in Laredo would need approximately $76,829 in Las Cruces to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
81
Laredo
82
Las Cruces
Groceries
91
Laredo
97
Las Cruces
Utilities
107
Laredo
81
Las Cruces
Transportation
90
Laredo
92
Las Cruces
Healthcare
77
Laredo
113
Las Cruces

Salary Equivalence

A $75,000 salary in Laredo has the same purchasing power as $76,829 in Las Cruces.

Conversely, $75,000 in Las Cruces equals $73,214 in Laredo.

Living in Laredo vs Las Cruces

Housing Costs

Laredo's housing index of 81 is lower Las Cruces's 82, translating to median home prices of $190,000 vs $232,000. The $42,000 difference in home prices means roughly $2,736 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in Laredo compared to $1,000/mo in Las Cruces, a monthly difference of $75.

Grocery & Food Costs

Grocery expenses index at 91 in Laredo and 97 in Las Cruces. A household spending the national average of $475/month on groceries would pay approximately $432/month in Laredo vs $461/month in Las Cruces. Laredo offers a meaningful advantage on everyday food costs, saving roughly $348/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 107 in Laredo and 81 in Las Cruces. Monthly utility bills average approximately $428 in Laredo vs $324 in Las Cruces. 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 77 in Laredo and 113 in Las Cruces. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 36-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $63,900 in Laredo and $55,400 in Las Cruces. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,927 and $65,952 respectively. Laredo residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,491/month to housing in Laredo vs $1,293/month in Las Cruces. In Laredo, median rent of $1,075/mo fits within this budget. In Las Cruces, median rent of $1,000/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 36 index points — focus your budget analysis there.

Frequently Asked Questions

Laredo is 2.4% more affordable overall with an index of 82 vs 84.
A $75,000 salary in Laredo has equivalent purchasing power to approximately $76,829 in Las Cruces, based on the cost of living difference.
Laredo's housing index is 81 with median homes at $190,000, while Las Cruces's is 82 with median homes at $232,000.

Moving & Relocation Resources

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