Laredo wins overall by ~37% (COL index)
Cost of living: Providence vs Laredo (2026)
A $60,000 salary in Providence buys roughly what $43,889 does in Laredo (COL-adjusted). Your real trade-offs are taxes, rent, and day-to-day prices — we break them down and personalize below.
Your move simulator
Tell us about your household — we calculate your real annual savings.
Estimated annual swing
−$16,711/yr
Favoring Laredo for this income & household (illustrative).
With the extra $1,393/mo, you could pay down a $15,000 card balance in ~11 months and still keep ~$167/mo for dining out.
Studio rent/mo
1BR rent/mo
2BR rent/mo
Median home price
Groceries index (100 = US avg)
Budget meal (1 person)
Mid-range dinner (2)
Monthly transit pass/mo
Gas price/gal
Car insurance/mo
Monthly utilities bundle/mo
Internet/mo
Median household income/yr
State income tax%
Sales tax (combined)%
Movie ticket
Gym membership/mo
Beer at restaurant
Overall COL index (100 = US avg)
Walk score / 100
| Category | Providence Rhode Island | Laredo Texas | Who wins | Your impact at $60K · 1br · 1 car |
|---|---|---|---|---|
| 🏠 HousingQ1 2026 | ||||
| Studio rent/mo | $1,400 | $750Wins | Laredo wins −$650/mo | $7,800/yr saves in Laredo |
| 1BR rent/mo | $1,800 | $950Wins | Laredo wins −$850/mo | $10,200/yr saves in Laredo |
| 2BR rent/mo | $2,400 | $1,250Wins | Laredo wins −$1,150/mo | $13,800/yr saves in Laredo |
| Median home price | $370K | $185KWins | Laredo wins −$185K | — |
| 🛒 Food & GroceriesQ1 2026 | ||||
| Groceries index (100 = US avg) | 105 | 89Wins | Laredo wins -16 | — |
| Budget meal (1 person) | $16 | $10Wins | Laredo wins −$6/mo | — |
| Mid-range dinner (2) | $65 | $44Wins | Laredo wins −$21/mo | $252/yr saves in Laredo |
| 🚌 TransportationQ1 2026 | ||||
| Monthly transit pass/mo | $75 | $35Wins | Laredo wins −$40/mo | $480/yr saves in Laredo |
| Gas price/gal | $3.40 | $2.95Wins | Laredo wins −$0.45 | — |
| Car insurance/mo | $168 | $158Better | Laredo wins −$10/mo | — |
| ⚡ UtilitiesQ1 2026 | ||||
| Monthly utilities bundle/mo | $195 | $168Wins | Laredo wins −$27/mo | $324/yr saves in Laredo |
| Internet/mo | $68 | $58Wins | Laredo wins −$10/mo | — |
| 💰 Income & TaxesQ1 2026 | ||||
| Median household income/yr | $58KWins | $44K | Providence wins −$14K more/yr | — |
| State income tax% | 6.0% | 0.0%Wins | Laredo wins -6.0 pp | $3,600/yr saves in Laredo |
| Sales tax (combined)% | 7.0%Wins | 8.3% | Providence wins +1.3 pp | — |
| 🎬 LeisureQ1 2026 | ||||
| Movie ticket | $16.00 | $12.00Wins | Laredo wins −$4.00 | — |
| Gym membership/mo | $48 | $28Wins | Laredo wins −$20/mo | $240/yr saves in Laredo |
| Beer at restaurant | $7.00 | $4.50Wins | Laredo wins −$2.50 | — |
| 📊 OverviewQ1 2026 | ||||
| Overall COL index (100 = US avg) | 108 | 79Wins | Laredo wins -29 | — |
| Walk score / 100 | 72Wins | 20 | Providence wins -52 more/yr | — |
Complete the Picture
While you’re comparing — don’t leave money on the table.
Tax-smart rewards
Turn ~$3,600/yr tax difference into cash back
Laredo fits your move math — cash-back cards stack on groceries, gas, and dining you're already doing.
Home + auto bundle
New state — new insurance rates
Bundling often saves hundreds/yr. Compare before you sign a lease in Laredo.
High-yield savings
Park ~$10,200/yr rent savings at 4–5%+ APY
Don't let relocation cash sit at 0% — put it to work until closing day.
More ways to compare this move
Ready to move?
Open the full interactive tool to add up to 5 cities, drop in your salary, and see rent burden.
Open full interactive toolComplete the Picture
While you’re comparing — don’t leave money on the table.
If cash is tight
Knock down high-interest debt first
A move has upfront costs — a balance transfer or personal loan can lower APR while you settle in.
If you're saving big
Invest the surplus on autopilot
Brokerages and robo-advisors help you dollar-cost average into the market with your new slack.
Frequently asked questions
Is Providence cheaper than Laredo?
No. Laredo is 37% cheaper than Providence based on overall cost of living indices (79 vs 108, where 100 = US average).
What is the average rent in Providence vs Laredo?
As of Q1 2026, the median 1-bedroom rent in Providence is $1,800/month and in Laredo is $950/month. Providence is more expensive by 89%.
How much do I need to earn in Laredo to match a $75,000 salary in Providence?
To maintain a similar lifestyle, you would need approximately $54,861/year in Laredo to match a $75,000 salary in Providence. This estimate is based on overall cost of living indices and does not account for individual spending patterns.
Which city has lower taxes — Providence or Laredo?
Laredo has the lower state income tax rate at 0% vs 6%. Laredo has no state income tax at all, which can save thousands of dollars per year depending on your income. Note that sales tax and local taxes also vary — see the full breakdown in the table above.
Is it worth moving from Providence to Laredo?
It depends on your priorities. Laredo offers lower overall costs and tax advantages, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.
Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS · Updated Q1 2026 · For general guidance only
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Salary equivalent: Providence ↔ Laredo
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