Laredo is 11% 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
$1,932
$1,110
🛏️ 2-bedroom rent
$1,941
$1,063
💵 Families earn per year
$101,010
$68,932
🔑 Buying a house
$555,300
$193,500
📊 Overall prices (U.S. = 100)
98.1
87.0
🏛️ Property tax per year
$8,024
$3,531
⚡ Electric bill per month
$134
$204
👥 People living there
979,539
257,619
Commute to work
23.7 min
21.6 min
College degree
59.6%
22%
Own their home
43.4%
64.1%
Below poverty line
12%
20.9%
Unemployment
4.7%
5.4%
Bottom line
- Pick Austin for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | Austin | Laredo | Difference |
|---|---|---|---|
| Market Research Analyst | $80,460 | $47,220 | -41% in Laredo |
| Operations Manager | $117,850 | $78,640 | -33% in Laredo |
| Plumber | $62,810 | $46,350 | -26% in Laredo |
| Civil Engineer | $100,470 | $76,620 | -24% in Laredo |
| Accountant | $83,120 | $63,410 | -24% in Laredo |
| Restaurant Cook | $36,810 | $28,120 | -24% in Laredo |
| Electrician | $60,390 | $46,140 | -24% in Laredo |
| Medical Assistant | $45,820 | $35,320 | -23% in Laredo |
Frequently asked questions
Is Austin or Laredo cheaper to live in?
Laredo is about 11% cheaper overall. Rent is $1,110 a month there versus $1,932 in Austin.
What salary do I need in Laredo to match $60,000 in Austin?
About $53,203 a year gives the same standard of living in Laredo.
Where do people earn more, Austin or Laredo?
The typical household earns $101,010 in Austin and $68,932 in Laredo, 47% more in Austin.