City Comparison

Laredo vs Winston-Salem

Cost of Living Comparison · 2026

Laredo

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

Winston-Salem

North Carolina
84
Very Affordable
$250,000
Median Home
$1,050/mo
Median Rent
$52,600
Median Income

The Verdict

2.4%

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

Category-by-Category Breakdown

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

Housing
81
Laredo
63
Winston-Salem
Groceries
91
Laredo
97
Winston-Salem
Utilities
107
Laredo
99
Winston-Salem
Transportation
90
Laredo
94
Winston-Salem
Healthcare
77
Laredo
103
Winston-Salem

Salary Equivalence

A $75,000 salary in Laredo has the same purchasing power as $76,829 in Winston-Salem.

Conversely, $75,000 in Winston-Salem equals $73,214 in Laredo.

Living in Laredo vs Winston-Salem

Housing Costs

Laredo's housing index of 81 is higher Winston-Salem's 63, translating to median home prices of $190,000 vs $250,000. The $60,000 difference in home prices means roughly $3,900 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in Laredo compared to $1,050/mo in Winston-Salem, a monthly difference of $25.

Grocery & Food Costs

Grocery expenses index at 91 in Laredo and 97 in Winston-Salem. A household spending the national average of $475/month on groceries would pay approximately $432/month in Laredo vs $461/month in Winston-Salem. 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 99 in Winston-Salem. Monthly utility bills average approximately $428 in Laredo vs $396 in Winston-Salem. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 77 in Laredo and 103 in Winston-Salem. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 26-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 $52,600 in Winston-Salem. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,927 and $62,619 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 $1,227/month in Winston-Salem. In Laredo, median rent of $1,075/mo fits within this budget. In Winston-Salem, median rent of $1,050/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 26 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 Winston-Salem, based on the cost of living difference.
Laredo's housing index is 81 with median homes at $190,000, while Winston-Salem's is 63 with median homes at $250,000.

Moving & Relocation Resources

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