salaryLaredo is 10% 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
$1,883
$1,110
🛏️ 2-bedroom rent
$1,758
$1,063
💵 Families earn per year
$88,026
$68,932
🔑 Buying a house
$295,500
$193,500
📊 Overall prices (U.S. = 100)
97.1
87.0
🏛️ Property tax per year
$4,954
$3,531
⚡ Electric bill per month
$200
$204
👥 People living there
201,883
257,619
Commute to work
28 min
21.6 min
College degree
30%
22%
Own their home
58.7%
64.1%
Below poverty line
12.1%
20.9%
Unemployment
5.2%
5.4%
Bottom line
- Pick Grand Prairie 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.
Frequently asked questions
Is Grand Prairie or Laredo cheaper to live in?
Laredo is about 10% cheaper overall. Rent is $1,110 a month there versus $1,883 in Grand Prairie.
What salary do I need in Laredo to match $60,000 in Grand Prairie?
About $53,756 a year gives the same standard of living in Laredo.
Where do people earn more, Grand Prairie or Laredo?
The typical household earns $88,026 in Grand Prairie and $68,932 in Laredo, 28% more in Grand Prairie.