Laredo is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Lincoln to live the same way.
🏠 Rent per month
$1,110
$1,328
🛏️ 2-bedroom rent
$1,063
$1,219
💵 Families earn per year
$68,932
$77,509
🔑 Buying a house
$193,500
$264,000
📊 Overall prices (U.S. = 100)
87.0
91.6
🏛️ Property tax per year
$3,531
$4,023
⚡ Electric bill per month
$204
$104
👥 People living there
257,619
294,856
Commute to work
21.6 min
18.4 min
College degree
22%
41.8%
Own their home
64.1%
56.1%
Below poverty line
20.9%
12.7%
Unemployment
5.4%
3.3%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Lincoln for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | Laredo | Lincoln | Difference |
|---|---|---|---|
| Truck Driver | $49,010 | $81,790 | +67% in Lincoln |
| Server (Waiter/Waitress) | $22,020 | $36,080 | +64% in Lincoln |
| Medical Assistant | $35,320 | $47,190 | +34% in Lincoln |
| Restaurant Cook | $28,120 | $37,290 | +33% in Lincoln |
| Electrician | $46,140 | $60,680 | +32% in Lincoln |
| Plumber | $46,350 | $60,670 | +31% in Lincoln |
| Civil Engineer | $76,620 | $95,560 | +25% in Lincoln |
| Warehouse Worker | $32,480 | $40,450 | +25% in Lincoln |
Frequently asked questions
Is Laredo or Lincoln cheaper to live in?
Laredo is about 5% cheaper overall. Rent is $1,110 a month there versus $1,328 in Lincoln.
What salary do I need in Lincoln to match $60,000 in Laredo?
About $63,191 a year gives the same standard of living in Lincoln.
Where do people earn more, Laredo or Lincoln?
The typical household earns $68,932 in Laredo and $77,509 in Lincoln, 11% more in Lincoln.