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
$1,797
$1,110
🛏️ 2-bedroom rent
$1,604
$1,063
💵 Families earn per year
$88,026
$68,932
🔑 Buying a house
$392,800
$193,500
📊 Overall prices (U.S. = 100)
97.6
87.0
🏛️ Property tax per year
$3,263
$3,531
⚡ Electric bill per month
$117
$204
👥 People living there
291,467
257,619
Commute to work
22.3 min
21.6 min
College degree
57.3%
22%
Own their home
52.3%
64.1%
Below poverty line
11.7%
20.9%
Unemployment
3.8%
5.4%
Bottom line
- Pick Durham 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 | Durham | Laredo | Difference |
|---|---|---|---|
| Firefighter | $38,350 | $59,100 | +54% in Laredo |
| Market Research Analyst | $93,110 | $47,220 | -49% in Laredo |
| Server (Waiter/Waitress) | $35,230 | $22,020 | -37% in Laredo |
| Police Officer | $60,100 | $81,690 | +36% in Laredo |
| Operations Manager | $113,930 | $78,640 | -31% in Laredo |
| Customer Service Representative | $46,800 | $34,420 | -26% in Laredo |
| Accountant | $85,090 | $63,410 | -25% in Laredo |
| Medical Assistant | $46,450 | $35,320 | -24% in Laredo |
Frequently asked questions
Is Durham or Laredo cheaper to live in?
Laredo is about 11% cheaper overall. Rent is $1,110 a month there versus $1,797 in Durham.
What salary do I need in Laredo to match $60,000 in Durham?
About $53,472 a year gives the same standard of living in Laredo.
Where do people earn more, Durham or Laredo?
The typical household earns $88,026 in Durham and $68,932 in Laredo, 28% more in Durham.