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Akron vs Laredo: which is cheaper?

Laredo is 7% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $55,878 in Laredo to live the same way.

🏠 Rent per month
$1,129
$1,110
🛏️ 2-bedroom rent
$1,068
$1,063
💵 Families earn per year
$51,850
$68,932
🔑 Buying a house
$122,000
$193,500
📊 Overall prices (U.S. = 100)
93.4
87.0
🏛️ Property tax per year
$1,950
$3,531
⚡ Electric bill per month
$97
$204
👥 People living there
189,247
257,619
Commute to work
22.2 min
21.6 min
College degree
23.6%
22%
Own their home
50.7%
64.1%
Below poverty line
23.3%
20.9%
Unemployment
7.8%
5.4%

Bottom line

Pay for the same job

JobAkronLaredoDifference
Electrician$77,360$46,140-40% in Laredo
Server (Waiter/Waitress)$36,150$22,020-39% in Laredo
Carpenter$61,070$41,540-32% in Laredo
Market Research Analyst$66,000$47,220-28% in Laredo
Plumber$63,450$46,350-27% in Laredo
Customer Service Representative$45,420$34,420-24% in Laredo
Elementary School Teacher$78,560$61,310-22% in Laredo
Restaurant Cook$36,030$28,120-22% in Laredo

Frequently asked questions

Is Akron or Laredo cheaper to live in?

Laredo is about 7% cheaper overall. Rent is $1,110 a month there versus $1,129 in Akron.

What salary do I need in Laredo to match $60,000 in Akron?

About $55,878 a year gives the same standard of living in Laredo.

Where do people earn more, Akron or Laredo?

The typical household earns $51,850 in Akron and $68,932 in Laredo, 25% more in Laredo.

More comparisons

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