SalaryCompareTool

Detroit, MI vs Laredo, TX

Moving from Detroit to Laredo? Here's what changes — from your equivalent salary to housing ($269,080 → $218,391 median home) and taxes.

Detroit vs Laredo at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Detroit, MI Laredo, TX Cost-of-living index Detroit, MI — Cost-of-living index: 98 98 Laredo, TX — Cost-of-living index: 88 88 Median home price Detroit, MI — Median home price: $269k $269k Laredo, TX — Median home price: $218k $218k Price per sqft Detroit, MI — Price per sqft: $163 $163 Laredo, TX — Price per sqft: $104 $104 Median rent Detroit, MI — Median rent: $1,500 $1,500 Laredo, TX — Median rent: $1,369 $1,369 Combined sales tax Detroit, MI — Combined sales tax: 6.0% 6.0% Laredo, TX — Combined sales tax: 8.2% 8.2% Property tax rate Detroit, MI — Property tax rate: 1.43% 1.43% Laredo, TX — Property tax rate: 2.00% 2.00% Violent crime /100k Detroit, MI — Violent crime /100k: 460 460 Laredo, TX — Violent crime /100k: 430 430 Electricity ¢/kWh Detroit, MI — Electricity ¢/kWh: 21.4 21.4 Laredo, TX — Electricity ¢/kWh: 17.0 17.0 Avg commute (min) Detroit, MI — Avg commute (min): 27 27 Laredo, TX — Avg commute (min): 22 22 Avg summer high °F Detroit, MI — Avg summer high °F: 83° 83° Laredo, TX — Avg summer high °F: 96° 96° Avg winter low °F Detroit, MI — Avg winter low °F: 16° 16° Laredo, TX — Avg winter low °F: 38° 38°

To keep the same standard of living as $100,000 in Detroit, MI, you'd need about $89,952 in Laredo, TX (−$10,048).

Livability — Detroit, MI: 62 · Laredo, TX: 76 (0–100).

What your home budget buys

A $500,000 home budget gets you about 3,066 sqft in Detroit vs 4,808 sqft in Laredo ($163 vs $104 per sqft).

Annual cost breakdown (at $100,000)

CategoryDetroit, MILaredo, TXDifference
Housing $18,000 $16,428 −$1,572
Groceries $4,896 $4,647 −$250
Transportation $4,575 $3,675 −$900
Utilities $2,316 $1,836 −$480
Insurance $1,300 $3,600 +$2,300
Taxes $9,547 $6,086 −$3,461
Total $40,634 $36,272 −$4,363

Side by side

MetricDetroit, MILaredo, TX
Cost-of-living index98.288.3
Unemployment rate6.60%5.93%
Population growth (5-yr)1.7%-0.9%
Air quality (median AQI)5545
Big Mac price (est.)$5.59$5.03
Median home price$269,080$218,391
Home price ÷ income3.7×3.6×
1-yr home appreciation2.8%2.9%
Price per square foot$163$104
Median rent$1,500$1,369
Total tax burden (% income)10.0%8.6%
Combined sales tax6.00%8.20%
Capital gains tax4.25%None
Property tax rate1.43%2.00%
Healthcare (annual)$6,500$6,800
Childcare (annual, infant)$11,000$9,500
Vehicle property tax0.61%None
Avg commute (min)2722
Home insurance / yr$1,300$3,600
Auto insurance / yr$2,700$2,100
Flood insurance / yr$600$900
Earthquake insurance / yr$100$100
Electricity ¢/kWh21.417.0
Gas $/gal3.353.00
Violent crime /100k460430
Avg summer high °F8396
Avg winter low °F1638
Permit difficulty (1–5)32

Ad · affiliate links