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
$1,849
$1,110
🛏️ 2-bedroom rent
$1,567
$1,063
💵 Families earn per year
$102,860
$68,932
🔑 Buying a house
$378,400
$193,500
📊 Overall prices (U.S. = 100)
97.9
87.0
🏛️ Property tax per year
$3,108
$3,531
⚡ Electric bill per month
$178
$204
👥 People living there
252,583
257,619
Commute to work
25.8 min
21.6 min
College degree
36.9%
22%
Own their home
74.4%
64.1%
Below poverty line
9.4%
20.9%
Unemployment
4.9%
5.4%
Bottom line
- Pick Chesapeake 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 | Chesapeake | Laredo | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $39,020 | $22,020 | -44% in Laredo |
| Police Officer | $59,690 | $81,690 | +37% in Laredo |
| Market Research Analyst | $69,560 | $47,220 | -32% in Laredo |
| Electrician | $62,350 | $46,140 | -26% in Laredo |
| Plumber | $61,870 | $46,350 | -25% in Laredo |
| Restaurant Cook | $36,280 | $28,120 | -22% in Laredo |
| Operations Manager | $100,340 | $78,640 | -22% in Laredo |
| Accountant | $79,450 | $63,410 | -20% in Laredo |
Frequently asked questions
Is Chesapeake or Laredo cheaper to live in?
Laredo is about 11% cheaper overall. Rent is $1,110 a month there versus $1,849 in Chesapeake.
What salary do I need in Laredo to match $60,000 in Chesapeake?
About $53,270 a year gives the same standard of living in Laredo.
Where do people earn more, Chesapeake or Laredo?
The typical household earns $102,860 in Chesapeake and $68,932 in Laredo, 49% more in Chesapeake.