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
$1,465
$1,110
🛏️ 2-bedroom rent
$1,315
$1,063
💵 Families earn per year
$71,417
$68,932
🔑 Buying a house
$224,800
$193,500
📊 Overall prices (U.S. = 100)
95.7
87.0
🏛️ Property tax per year
$2,037
$3,531
⚡ Electric bill per month
$141
$204
👥 People living there
885,860
257,619
Commute to work
24.6 min
21.6 min
College degree
34.9%
22%
Own their home
56%
64.1%
Below poverty line
15.8%
20.9%
Unemployment
5.1%
5.4%
Bottom line
- Pick Indianapolis 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 | Indianapolis | Laredo | Difference |
|---|---|---|---|
| Plumber | $76,980 | $46,350 | -40% in Laredo |
| Carpenter | $65,070 | $41,540 | -36% in Laredo |
| Operations Manager | $120,480 | $78,640 | -35% in Laredo |
| Electrician | $65,130 | $46,140 | -29% in Laredo |
| Market Research Analyst | $65,200 | $47,220 | -28% in Laredo |
| Warehouse Worker | $44,180 | $32,480 | -26% in Laredo |
| Civil Engineer | $101,830 | $76,620 | -25% in Laredo |
| Medical Assistant | $46,900 | $35,320 | -25% in Laredo |
Frequently asked questions
Is Indianapolis or Laredo cheaper to live in?
Laredo is about 9% cheaper overall. Rent is $1,110 a month there versus $1,465 in Indianapolis.
What salary do I need in Laredo to match $60,000 in Indianapolis?
About $54,520 a year gives the same standard of living in Laredo.
Where do people earn more, Indianapolis or Laredo?
The typical household earns $71,417 in Indianapolis and $68,932 in Laredo, 4% more in Indianapolis.