Moving from Minneapolis to Laredo (2026)

Laredo has a COL index of 79 vs 106 for Minneapolis (100 = US average). You'd pay about 25% less for the same lifestyle.

Save ~$897/mo
on core expenses · $75K salary baseline

Key differences

COL index
10679
100 = US avg
1BR rent
$1,700$950
per month
State tax
9.9%None
income tax
Take-home at $75K
$4,122$4,741
per month

Salary needed in Laredo to match your Minneapolis lifestyle

Based on the 25% cost of living decrease between the two cities.

Your salary in MinneapolisEquivalent in Laredo
$40K$29,811
$50K$37,264
$60K$44,717
$75K$55,896
$80K$59,623
$100K$74,528
$120K$89,434
$150K$111,792

Monthly budget at $75K — Minneapolis vs Laredo

ExpenseMinneapolisLaredo
Monthly take-home$4,122$4,741
1BR rent$1,700$950
Groceries$391$338
Transport$95$35
Utilities$195$168
Internet$65$58
Left after essentials$1,676$3,192

Frequently asked questions

Is Laredo cheaper than Minneapolis?

Yes. Laredo has a cost of living index of 79 vs 106 for Minneapolis (100 = US average). That's about 25% cheaper.

How much will I save moving from Minneapolis to Laredo?

On a $75K salary, moving from Minneapolis to Laredo could save roughly $897/month on core expenses. That's ~$10,764/year.

What salary do I need in Laredo to match my Minneapolis lifestyle?

To maintain the same purchasing power as $75,000 in Minneapolis, you'd need roughly $55,896/year in Laredo. This is based on the overall COL index difference between the two cities.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates at $75K. Zillow · BLS · Numbeo · For general guidance only