Laredo is 7% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need 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
- Pick Akron for cheaper homes, a more educated workforce.
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, higher incomes and 3 more.
Pay for the same job
| Job | Akron | Laredo | Difference |
|---|---|---|---|
| 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.