Laredo is 18% 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
$1,651
$1,110
🛏️ 2-bedroom rent
$1,565
$1,063
💵 Families earn per year
$111,392
$68,932
🔑 Buying a house
$395,900
$193,500
📊 Overall prices (U.S. = 100)
105.4
87.0
🏛️ Property tax per year
$4,982
$3,531
⚡ Electric bill per month
$136
$204
👥 People living there
288,976
257,619
Commute to work
18.8 min
21.6 min
College degree
38.7%
22%
Own their home
63.9%
64.1%
Below poverty line
8.9%
20.9%
Unemployment
4.6%
5.4%
Bottom line
- Pick Anchorage for higher incomes, shorter commutes, a more educated workforce and 2 more.
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes.
Pay for the same job
| Job | Anchorage | Laredo | Difference |
|---|---|---|---|
| Plumber | $93,600 | $46,350 | -50% in Laredo |
| Electrician | $82,440 | $46,140 | -44% in Laredo |
| HVAC Technician | $85,620 | $48,450 | -43% in Laredo |
| Carpenter | $72,800 | $41,540 | -43% in Laredo |
| Dental Hygienist | $132,740 | $82,440 | -38% in Laredo |
| Operations Manager | $120,030 | $78,640 | -34% in Laredo |
| Registered Nurse | $115,290 | $77,050 | -33% in Laredo |
| Civil Engineer | $112,740 | $76,620 | -32% in Laredo |
Frequently asked questions
Is Anchorage or Laredo cheaper to live in?
Laredo is about 18% cheaper overall. Rent is $1,110 a month there versus $1,651 in Anchorage.
What salary do I need in Laredo to match $60,000 in Anchorage?
About $49,491 a year gives the same standard of living in Laredo.
Where do people earn more, Anchorage or Laredo?
The typical household earns $111,392 in Anchorage and $68,932 in Laredo, 62% more in Anchorage.