salaryLaredo is 9% 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
$1,401
$1,110
🛏️ 2-bedroom rent
$1,284
$1,063
💵 Families earn per year
$73,680
$68,932
🔑 Buying a house
$291,500
$193,500
📊 Overall prices (U.S. = 100)
95.5
87.0
🏛️ Property tax per year
$2,678
$3,531
⚡ Electric bill per month
$94
$204
👥 People living there
562,218
257,619
Commute to work
22.4 min
21.6 min
College degree
39.2%
22%
Own their home
61.8%
64.1%
Below poverty line
15.5%
20.9%
Unemployment
5.4%
5.4%
Bottom line
- Pick Albuquerque for higher incomes, a more educated workforce, less poverty.
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | Albuquerque | Laredo | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $38,050 | $22,020 | -42% in Laredo |
| Firefighter | $42,420 | $59,100 | +39% in Laredo |
| Carpenter | $60,080 | $41,540 | -31% in Laredo |
| Plumber | $63,900 | $46,350 | -27% in Laredo |
| Civil Engineer | $105,080 | $76,620 | -27% in Laredo |
| Market Research Analyst | $62,040 | $47,220 | -24% in Laredo |
| Electrician | $59,120 | $46,140 | -22% in Laredo |
| Accountant | $79,880 | $63,410 | -21% in Laredo |
Frequently asked questions
Is Albuquerque or Laredo cheaper to live in?
Laredo is about 9% cheaper overall. Rent is $1,110 a month there versus $1,401 in Albuquerque.
What salary do I need in Laredo to match $60,000 in Albuquerque?
About $54,606 a year gives the same standard of living in Laredo.
Where do people earn more, Albuquerque or Laredo?
The typical household earns $73,680 in Albuquerque and $68,932 in Laredo, 7% more in Albuquerque.