salaryLaredo is 31% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Los Angeles to live the same way.
🏠 Rent per month
$1,110
$2,498
🛏️ 2-bedroom rent
$1,063
$2,339
💵 Families earn per year
$68,932
$88,371
🔑 Buying a house
$193,500
$921,200
📊 Overall prices (U.S. = 100)
87.0
113.6
🏛️ Property tax per year
$3,531
$6,050
⚡ Electric bill per month
$204
$151
👥 People living there
257,619
3,857,263
Commute to work
21.6 min
30.7 min
College degree
22%
38.5%
Own their home
64.1%
36%
Below poverty line
20.9%
16.5%
Unemployment
5.4%
8.2%
Bottom line
- Pick Laredo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Los Angeles for higher incomes, a more educated workforce, less poverty.
Pay for the same job
| Job | Laredo | Los Angeles | Difference |
|---|---|---|---|
| Carpenter | $41,540 | $75,740 | +82% in Los Angeles |
| Registered Nurse | $77,050 | $135,560 | +76% in Los Angeles |
| Market Research Analyst | $47,220 | $82,990 | +76% in Los Angeles |
| Elementary School Teacher | $61,310 | $101,860 | +66% in Los Angeles |
| Firefighter | $59,100 | $98,050 | +66% in Los Angeles |
| Server (Waiter/Waitress) | $22,020 | $35,850 | +63% in Los Angeles |
| Operations Manager | $78,640 | $125,830 | +60% in Los Angeles |
| Electrician | $46,140 | $73,810 | +60% in Los Angeles |
Frequently asked questions
Is Laredo or Los Angeles cheaper to live in?
Laredo is about 31% cheaper overall. Rent is $1,110 a month there versus $2,498 in Los Angeles.
What salary do I need in Los Angeles to match $60,000 in Laredo?
About $78,361 a year gives the same standard of living in Los Angeles.
Where do people earn more, Laredo or Los Angeles?
The typical household earns $68,932 in Laredo and $88,371 in Los Angeles, 22% more in Los Angeles.