salaryLaredo is 15% 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
$2,339
$1,110
🛏️ 2-bedroom rent
$1,738
$1,063
💵 Families earn per year
$84,235
$68,932
🔑 Buying a house
$373,500
$193,500
📊 Overall prices (U.S. = 100)
102.3
87.0
🏛️ Property tax per year
$3,176
$3,531
⚡ Electric bill per month
$196
$204
👥 People living there
215,536
257,619
Commute to work
29.9 min
21.6 min
College degree
26.9%
22%
Own their home
77.2%
64.1%
Below poverty line
10.7%
20.9%
Unemployment
3.8%
5.4%
Bottom line
- Pick Cape Coral 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 | Cape Coral | Laredo | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $36,660 | $22,020 | -40% in Laredo |
| Market Research Analyst | $65,180 | $47,220 | -28% in Laredo |
| Restaurant Cook | $37,240 | $28,120 | -24% in Laredo |
| Retail Salesperson | $34,650 | $27,530 | -21% in Laredo |
| Electrician | $57,930 | $46,140 | -20% in Laredo |
| Accountant | $79,420 | $63,410 | -20% in Laredo |
| Medical Assistant | $42,860 | $35,320 | -18% in Laredo |
| Operations Manager | $94,730 | $78,640 | -17% in Laredo |
Frequently asked questions
Is Cape Coral or Laredo cheaper to live in?
Laredo is about 15% cheaper overall. Rent is $1,110 a month there versus $2,339 in Cape Coral.
What salary do I need in Laredo to match $60,000 in Cape Coral?
About $50,976 a year gives the same standard of living in Laredo.
Where do people earn more, Cape Coral or Laredo?
The typical household earns $84,235 in Cape Coral and $68,932 in Laredo, 22% more in Cape Coral.