salaryLaredo is 9% 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
$1,751
$1,110
🛏️ 2-bedroom rent
$1,396
$1,063
💵 Families earn per year
$74,533
$68,932
🔑 Buying a house
$244,500
$193,500
📊 Overall prices (U.S. = 100)
95.5
87.0
🏛️ Property tax per year
$2,493
$3,531
⚡ Electric bill per month
$100
$204
👥 People living there
198,535
257,619
Commute to work
19 min
21.6 min
College degree
41.6%
22%
Own their home
54%
64.1%
Below poverty line
16.9%
20.9%
Unemployment
5.2%
5.4%
Bottom line
- Pick Grand Rapids for higher incomes, shorter commutes, a more educated workforce and 2 more.
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes.
Pay for the same job
| Job | Grand Rapids | Laredo | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $42,930 | $22,020 | -49% in Laredo |
| Plumber | $80,440 | $46,350 | -42% in Laredo |
| Carpenter | $59,000 | $41,540 | -30% in Laredo |
| Market Research Analyst | $64,880 | $47,220 | -27% in Laredo |
| Electrician | $62,240 | $46,140 | -26% in Laredo |
| Restaurant Cook | $37,360 | $28,120 | -25% in Laredo |
| Customer Service Representative | $44,990 | $34,420 | -23% in Laredo |
| Operations Manager | $101,720 | $78,640 | -23% in Laredo |
Frequently asked questions
Is Grand Rapids or Laredo cheaper to live in?
Laredo is about 9% cheaper overall. Rent is $1,110 a month there versus $1,751 in Grand Rapids.
What salary do I need in Laredo to match $60,000 in Grand Rapids?
About $54,606 a year gives the same standard of living in Laredo.
Where do people earn more, Grand Rapids or Laredo?
The typical household earns $74,533 in Grand Rapids and $68,932 in Laredo, 8% more in Grand Rapids.