salaryLaredo is 3% 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
$1,246
$1,110
🛏️ 2-bedroom rent
$1,088
$1,063
💵 Families earn per year
$64,435
$68,932
🔑 Buying a house
$184,500
$193,500
📊 Overall prices (U.S. = 100)
89.9
87.0
🏛️ Property tax per year
$3,760
$3,531
⚡ Electric bill per month
$113
$204
👥 People living there
680,130
257,619
Commute to work
23.4 min
21.6 min
College degree
28.1%
22%
Own their home
60.8%
64.1%
Below poverty line
18.4%
20.9%
Unemployment
6%
5.4%
Bottom line
- Pick El Paso for cheaper homes, a more educated workforce, less poverty.
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, higher incomes and 2 more.
Pay for the same job
| Job | El Paso | Laredo | Difference |
|---|---|---|---|
| Firefighter | $50,300 | $59,100 | +17% in Laredo |
| Physician Assistant | $107,220 | $124,120 | +16% in Laredo |
| Plumber | $53,560 | $46,350 | -13% in Laredo |
| Software Developer | $127,310 | $111,450 | -12% in Laredo |
| Computer Systems Analyst | $94,610 | $83,910 | -11% in Laredo |
| Registered Nurse | $86,100 | $77,050 | -11% in Laredo |
| Lawyer | $140,550 | $125,900 | -10% in Laredo |
| Warehouse Worker | $35,550 | $32,480 | -9% in Laredo |
Frequently asked questions
Is El Paso or Laredo cheaper to live in?
Laredo is about 3% cheaper overall. Rent is $1,110 a month there versus $1,246 in El Paso.
What salary do I need in Laredo to match $60,000 in El Paso?
About $58,027 a year gives the same standard of living in Laredo.
Where do people earn more, El Paso or Laredo?
The typical household earns $64,435 in El Paso and $68,932 in Laredo, 7% more in Laredo.