City Comparison

Laredo vs Orem

Cost of Living Comparison · 2026

Laredo

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

Orem

Utah
117
Above Average
$528,000
Median Home
$1,400/mo
Median Rent
$86,000
Median Income

The Verdict

29.9%

Living in Laredo costs 29.9% less than Orem. To match the purchasing power of a $75,000 salary in Laredo, you would need $107,012 in Orem.

Category-by-Category Breakdown

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

Housing
81
Laredo
147
Orem
Groceries
91
Laredo
98
Orem
Utilities
107
Laredo
92
Orem
Transportation
90
Laredo
108
Orem
Healthcare
77
Laredo
95
Orem

Salary Equivalence

A $75,000 salary in Laredo has the same purchasing power as $107,012 in Orem.

Conversely, $75,000 in Orem equals $52,564 in Laredo.

Living in Laredo vs Orem

Housing Costs

Laredo's housing index of 81 is lower Orem's 147, translating to median home prices of $190,000 vs $528,000. The $338,000 difference in home prices means roughly $21,972 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in Laredo compared to $1,400/mo in Orem, a monthly difference of $325.

Grocery & Food Costs

Grocery expenses index at 91 in Laredo and 98 in Orem. A household spending the national average of $475/month on groceries would pay approximately $432/month in Laredo vs $466/month in Orem. Laredo offers a meaningful advantage on everyday food costs, saving roughly $408/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 107 in Laredo and 92 in Orem. Monthly utility bills average approximately $428 in Laredo vs $368 in Orem. 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 95 in Orem. 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 $63,900 in Laredo and $86,000 in Orem. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,927 and $73,504 respectively. Laredo residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,491/month to housing in Laredo vs $2,007/month in Orem. In Laredo, median rent of $1,075/mo fits within this budget. In Orem, median rent of $1,400/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 66 index points — focus your budget analysis there.

Frequently Asked Questions

Laredo is 29.9% more affordable overall with an index of 82 vs 117.
A $75,000 salary in Laredo has equivalent purchasing power to approximately $107,012 in Orem, based on the cost of living difference.
Laredo's housing index is 81 with median homes at $190,000, while Orem's is 147 with median homes at $528,000.

Moving & Relocation Resources

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