Laredo is 17% 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
$1,619
$1,110
🛏️ 2-bedroom rent
$1,479
$1,063
💵 Families earn per year
$67,058
$68,932
🔑 Buying a house
$229,600
$193,500
📊 Overall prices (U.S. = 100)
104.5
87.0
🏛️ Property tax per year
$3,354
$3,531
⚡ Electric bill per month
$157
$204
👥 People living there
573,243
257,619
Commute to work
29.1 min
21.6 min
College degree
36.1%
22%
Own their home
47.5%
64.1%
Below poverty line
19.7%
20.9%
Unemployment
6.5%
5.4%
Bottom line
- Pick Baltimore for a more educated workforce, less poverty.
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, higher incomes and 3 more.
Pay for the same job
| Job | Baltimore | Laredo | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $36,170 | $22,020 | -39% in Laredo |
| Market Research Analyst | $74,620 | $47,220 | -37% in Laredo |
| Carpenter | $62,380 | $41,540 | -33% in Laredo |
| Operations Manager | $117,040 | $78,640 | -33% in Laredo |
| Electrician | $65,590 | $46,140 | -30% in Laredo |
| Dental Hygienist | $116,130 | $82,440 | -29% in Laredo |
| Plumber | $63,200 | $46,350 | -27% in Laredo |
| Accountant | $85,160 | $63,410 | -26% in Laredo |
Frequently asked questions
Is Baltimore or Laredo cheaper to live in?
Laredo is about 17% cheaper overall. Rent is $1,110 a month there versus $1,619 in Baltimore.
What salary do I need in Laredo to match $60,000 in Baltimore?
About $49,933 a year gives the same standard of living in Laredo.
Where do people earn more, Baltimore or Laredo?
The typical household earns $67,058 in Baltimore and $68,932 in Laredo, 3% more in Laredo.