Calculate using real Laredo data. Median home price: $185,000. Property tax rate: 1.87%.
Laredo, TX has a cost of living index of 80, where 100 represents the national average. This means living in Laredo is 20% less expensive the national average.
The median household income in Laredo, TX is $43,578. Combined with a cost of living index of 80, this provides a picture of purchasing power in the area.
The median home price in Laredo, TX is $185,000 with a property tax rate of 1.87%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,374.