City Comparison

Laredo vs Portland

Cost of Living Comparison · 2026

Laredo

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

Portland

Maine
117
Above Average
$395,000
Median Home
$1,700/mo
Median Rent
$56,895
Median Income

The Verdict

29.9%

The cost gap between these cities is 29.9%, with Laredo being the more affordable option. A $75,000 income in Laredo has equivalent purchasing power to $107,012 in Portland.

Category-by-Category Breakdown

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

Housing
81
Laredo
137
Portland
Groceries
91
Laredo
107
Portland
Utilities
107
Laredo
111
Portland
Transportation
90
Laredo
98
Portland
Healthcare
77
Laredo
110
Portland

Salary Equivalence

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

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

Living in Laredo vs Portland

Housing Costs

Laredo's housing index of 81 is lower Portland's 137, translating to median home prices of $190,000 vs $395,000. The $205,000 difference in home prices means roughly $13,320 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in Laredo compared to $1,700/mo in Portland, a monthly difference of $625.

Grocery & Food Costs

Grocery expenses index at 91 in Laredo and 107 in Portland. A household spending the national average of $475/month on groceries would pay approximately $432/month in Laredo vs $508/month in Portland. Laredo offers a meaningful advantage on everyday food costs, saving roughly $912/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 107 in Laredo and 111 in Portland. Monthly utility bills average approximately $428 in Laredo vs $444 in Portland. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 77 in Laredo and 110 in Portland. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 33-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 $56,895 in Portland. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,927 and $48,628 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 $1,328/month in Portland. In Laredo, median rent of $1,075/mo fits within this budget. In Portland, median rent of $1,700/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 56 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 Portland, based on the cost of living difference.
Laredo's housing index is 81 with median homes at $190,000, while Portland's is 137 with median homes at $395,000.

Moving & Relocation Resources

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