Missoula vs Laredo for Families (2026)

Better for families: Laredo~19% cheaper overall
2BR Rent / month
$1,750
Missoula
$1,250
Laredo
Median Home Price
$430K
Missoula
$185K
Laredo
Household Income / yr
$54K
Missoula
$44K
Laredo
State Income Tax
6.8%
Missoula
None
Laredo

Scroll down for childcare estimates, home price-to-income ratios, and FAQ.

Full family cost breakdown

Metric
Missoula
Montana
Laredo
Texas
Studio rent / month$1,050$750Better
2BR rent / month$1,750$1,250Better
Median home price$430K$185KBetter
Median household income$54KBetter$44K
Est. childcare / month$1,261$1,027Better
State income tax6.8%NoneBetter
Sales tax (combined)0%Better8.3%
Monthly utilities$145Better$168
Groceries index (US = 100)9989Better

Frequently asked questions

Which city is better for raising a family — Missoula or Laredo?

Based on housing costs, income, taxes, and overall affordability, Laredo scores better for families. 2-bedroom rent is $1,250/mo in Laredo vs $1,750/mo. Laredo is approximately 19% cheaper overall. That said, both cities have strong family communities — the right choice depends on your career, lifestyle, and proximity to family.

What is the average 2-bedroom rent in Missoula vs Laredo?

As of Q1 2026, median 2BR rent is $1,750/month in Missoula and $1,250/month in Laredo. Laredo is 29% cheaper for a family-sized apartment.

Can a family afford to buy a home in Missoula or Laredo?

The price-to-income ratio in Missoula is 8.0× ($430K median home, $54K median income). In Laredo it's 4.2× ($185K home, $44K income). A ratio below 3× is generally considered affordable — Laredo is more achievable for first-time family homebuyers.

How much does childcare cost in Missoula vs Laredo?

Estimated infant/toddler childcare runs approximately $1,261/month in Missoula and $1,027/month in Laredo, based on national averages scaled by each city's cost-of-living index. Annual childcare cost difference: ~$2,808/year.

Which city has lower taxes for families?

Missoula has a 6.8% state income tax rate vs Laredo has no state income tax. For a dual-income family earning $120K combined, that difference is roughly $680/month in take-home pay.

Salary equivalent

$100K in Missoula has the same purchasing power as $81K in Laredo

Related comparisons

Childcare estimates based on national avg scaled by COL index · Data: Zillow, BLS, Numbeo, Tax Foundation · Q1 2026