Laredo 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
$1,397
$1,110
🛏️ 2-bedroom rent
$1,121
$1,063
💵 Families earn per year
$53,969
$68,932
🔑 Buying a house
$164,200
$193,500
📊 Overall prices (U.S. = 100)
95.8
87.0
🏛️ Property tax per year
$1,622
$3,531
⚡ Electric bill per month
$99
$204
👥 People living there
276,854
257,619
Commute to work
19.9 min
21.6 min
College degree
31.2%
22%
Own their home
43%
64.1%
Below poverty line
26%
20.9%
Unemployment
7.3%
5.4%
Bottom line
- Pick Buffalo for cheaper homes, shorter commutes, a more educated workforce.
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, higher incomes and 2 more.
Pay for the same job
| Job | Buffalo | Laredo | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $46,580 | $22,020 | -53% in Laredo |
| Electrician | $77,930 | $46,140 | -41% in Laredo |
| Market Research Analyst | $75,990 | $47,220 | -38% in Laredo |
| Plumber | $72,230 | $46,350 | -36% in Laredo |
| Carpenter | $63,500 | $41,540 | -35% in Laredo |
| Restaurant Cook | $38,060 | $28,120 | -26% in Laredo |
| Warehouse Worker | $43,130 | $32,480 | -25% in Laredo |
| Customer Service Representative | $45,520 | $34,420 | -24% in Laredo |
Frequently asked questions
Is Buffalo or Laredo cheaper to live in?
Laredo is about 9% cheaper overall. Rent is $1,110 a month there versus $1,397 in Buffalo.
What salary do I need in Laredo to match $60,000 in Buffalo?
About $54,436 a year gives the same standard of living in Laredo.
Where do people earn more, Buffalo or Laredo?
The typical household earns $53,969 in Buffalo and $68,932 in Laredo, 22% more in Laredo.